Ask Question
31 May, 23:06

Find the rate (R) if I = $900, P = $7500, and T = 2 years. R=

+1
Answers (1)
  1. 1 June, 00:02
    0
    The rate is 6%

    Step-by-step explanation:

    I = $900, P = $7500 and T = 2 years

    I = PRT/100

    900 = (7500 * R * 2) / 100

    900 * 100 = 15000R

    90000 = 15000R

    Divide both side by 15000

    R = 90000/15000

    R = 6%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Find the rate (R) if I = $900, P = $7500, and T = 2 years. R= ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers