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amanda put 1500 in a saving account after 5 years she had 1833in the account what rate of interest did she earn
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amanda put 1500 in a saving account after 5 years she had 1833in the account what rate of interest did she earn

User Gjgjgj
by
6.4k points

2 Answers

3 votes

Answer:

4%

Explanation:

A P E X

User Smoreno
by
6.0k points
4 votes

Answer:

4.4%

Explanation:

Interest = Principal * Rate * Time

She earned $333 in interest (1833 - 1500)

333 = 1500 * Rate * 5

Rate = .0444444

Then turn the decimal into a percentage

User Max Masnick
by
5.7k points
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