whoiszelly
whoiszelly whoiszelly
  • 30-05-2020
  • Mathematics
contestada

Yehudy invested $19.250 in a simple interest account. After 6 years and no additional deposits or withdrawals, the account balance was
$22.957.55. Find the interest rate for the account. Round to the nearest hundredth of a percent if needed

Yehudy invested 19250 in a simple interest account After 6 years and no additional deposits or withdrawals the account balance was 2295755 Find the interest rat class=

Respuesta :

gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 30-05-2020

Answer: 3.21%

Step-by-step explanation:

Interest = (1/t)(A/P - 1)

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