Answer:
5%
Step-by-step explanation:
If the person paid $2700 for interest for 9 years means he paid 300 for each years interest
2700÷9=300
find the percentage of the 6000 the 300 is out of
[tex] \frac{300}{6000} \times 100 = 5[/tex]
So the interest rate is 5%
