Ask Question
7 December, 16:18

If the simple interest on $4000 for 9 years is $1800, then what is the interest rate.

+5
Answers (2)
  1. 7 December, 16:35
    0
    5%

    Step-by-step explanation:

    4000 * 9 * r = 1800

    r = 1800/36000

    r = 0.05 * 100

    5%
  2. 7 December, 16:43
    0
    9% or 0.09

    Step-by-step explanation:

    so 1800/4000 is. 45 then we do. 45/5 which is 0.09 and if u wanna double check do 4000 x 0.09 then that gives us 360 then we do 360 x 5 for 5 years that you've been investing which leaves us with 1800 which is the interest you got.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If the simple interest on $4000 for 9 years is $1800, then what is the interest rate. ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers