daniopotatio daniopotatio

28-05-2020
Mathematics

contestada

Find the interest rate

I=$26.25 P=$500 T=18 months
WILL MARK BRAINLIEST

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TheLazyNobita TheLazyNobita

28-05-2020

Answer:

0.35%

Step-by-step explanation:

T = 18 months = 1.5 years

SI = P × R × T

26.25 = 500 × R/100 × 1.5

R = 26.25 × 100 / (500 × 15) = 5.25/15 = 0.35 % annually

Answer Link

melana91848 melana91848

28-05-2020

The answer is 0.35%

Answer Link

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