what was the interest rate if your balance on a investment of ₱27, 750 at the end six year is 39,405

Question

what was the interest rate if your balance on a investment of ₱27, 750 at the end six year is 39,405​

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Answer:If your investment of ₱27,750 grew to ₱39,405 in 6 years, then:Step-by-step explanation:Simple Interest Rate: ~ 7% per yearCompound Interest Rate: ~ 6.02% per year

what was the interest rate if your balance on a investment of ₱27, 750 at the end six year is 39,405​

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