Step-by-step explanation:
okay so we know i = prt
in this scenario
p = 22,000
r = ?
t = 7
i = 27,390
the equation for r is (i/p*t)
so now let's plug in what we know
r = 27,390/22,000 * 7
r = 1.245 / 7
r = 8.715
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