If the simple interest on $1,000 for 7 years is $350, then what is the interest rate?

24,500

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 350%/100 = 3.5 per year,

then, solving our equation

I = 1000 × 3.5 × 7 = 24500

I = $ 24,500.00

The simple interest accumulated

on a principal of $ 1,000.00

at a rate of 350% per year

for 7 years is $ 24,500.00.

it shoild be o

step-by-step explanation:

answer: group b.

step-by-step explanation: