x principal is5,700 with a rate of 11% for 8 months

What is the interest rate when the principal is 5,700 with a rate of 11% and it is for 8  months.
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1 Answer

???????? yu ask for rate & giv rate=11%...

me assume yu want simpel interest

start $=5700, 11%, 8 months=8/12 av yeer=2/3 av yeer

interest=0.11*5700*(2/3)

=(2/3)*627

=417.9999999

or bout 418$
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