Mujahid lent Farhan $4800 for 7 months. at the end of this period, far

1.	Mujahid lent Farhan $4800 for 7 months. at the end of this period, farhan had to pay Mujahid an interest of $119. What was the simple interest rate per annum? Hint: T = 7/12 years
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Mujahid lent Farhan $4800 for 7 months. at the end of this period, farhan had to pay Mujahid an interest of $119. What was the simple interest rate per annum? Hint: T = 7/12 years

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Mujahid lent Farhan $4800 for 7 months. at the end of this period, farhan had to pay Mujahid an interest of $119. What was the simple interest rate per annum? Hint: T = 7/12 years

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