Question

How do you find the annual interest rate%?
You invest in an up-and-coming company. You deposit $2,000 for one year. At the end of the year you have a balance of $2,169.

Answer 1

Srry

Step-by-step explanation:

Answer 2

2000 = 100%
2169. = 108.45%

2169 x 100 / 2000 = 108.45
108.45 - 100 = 8.45 % is the annual interest rate