Answer:

Rate=20.83

Step-by-step explanation:

P=3,600

T=2 years

I=1,500

By using formula,

R=Ix100

TxP

• 1500x100

2x3600

• 150000

7200

• 20.8333...

R=20.83

Verified answer

Answer:

20.83 is the right answer.please mark as brilliant.