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Math

Answered

b. Let's identify the given:
P= P15,000.00
I= + 1,800.00
r=?
t=2 years
Solution:

Sagot :

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Answer:

6%

Step-by-step explanation:

If this is simple interest, here's the solution.

r = Is/Pt

r = 1800/(2)(15000)

r = 1800/30000

r = 0.06 x 100 = 6%

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