lunapenn
lunapenn lunapenn
  • 04-04-2020
  • Mathematics
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Please help with the problem that is stated in the photo above!!!!

Please help with the problem that is stated in the photo above class=

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wegnerkolmp2741o
wegnerkolmp2741o wegnerkolmp2741o
  • 04-04-2020

Answer:

a 6%

Step-by-step explanation:

I = Prt

where i is the interest, p is the principle  r is the rate and t is the time in years

19 = 950 *r* (4/12)

19 = 316.6666666 r

Divide each side by 316.666666

19/316.666666 = 316.6666666 r/316.66666666

.06 =r

Changing from decimal form to percent form

6% =r

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