Question: please add explanation with it. QUESTION 6 What simple rate of interest p.a. is needed for 59.975 to accumulate to 510,575 in 21 months? (round

please add explanation with it.
QUESTION 6 What simple rate of interest p.a. is needed for 59.975 to accumulate to 510,575 in 21 months? (round your answer to 2 decimal places of a percent) QUESTION 7
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
