The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?
Pick.
A) 6 2/3%  B) 6 2/8%  C) 6 7/3%  D) 9 2/3%  E) 6 2/5%
4/9 P = (P*R*R)/100   R = 20/3   = 6 2/3%   6 2/3%nswer:6 2/3%
<result>A</result>
The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?