f the simple interest on ​$4000 for 6 years is ​$1440​, then what is the interest​ rate?

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f the simple interest on ​$4000 for 6 years is ​$1440​, then what is the interest​ rate?

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Eirian 2 months 2021-07-21T21:57:06+00:00 1 Answers 0 views 0

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    2021-07-21T21:58:45+00:00

    Answer:

    Step-by-step explanation:

    rate=\frac{interest \times 100}{principle \times time } \\=\frac{1440 \times 100}{4000 \times 6 } \\=6 \%

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