document.write( "Question 1197288: An amount of P 8500 was invested at a Simple Interest rate and after 5 years it earned an Interest
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document.write( " amount of P 3612.5. What was the interest rate? \n" );
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Algebra.Com's Answer #830511 by MathLover1(20849)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "given:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "subsitute the values into the formula, \r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "To find r, divide both sides of the equation with \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Hence, the interest rate was \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |