Respuesta :

popalabdulqayou
the simple interest rate on this investment is.0385 or 3.85%:
Interest = principle * rate * time
I=prt
r=I/(pt)=15785/(410,000*1)= .0385
isabelbries

Answer:3.85%

Step-by-step explanation:

I= p x r x t

15,785= 410,000 x r x 1

15785/410000 = 410000r/410000

R=3.85%