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If i have the sum, principle and the number of years, how do i find the rate of interest?

2006-12-12 04:09:34 · 2 answers · asked by simisolasalako 3 in Education & Reference ➔ Homework Help

2 answers

SI = (p*r*t)/100

(SI *100) / (p*t)= r

2006-12-12 04:13:02 · answer #1 · answered by rocks_life 4 · 0⤊ 0⤋

Interest = Principle x Rate x Time (years converted to months)

2006-12-12 04:11:18 · answer #2 · answered by Emily B 4 · 0⤊ 0⤋

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