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A $5000 investment earns $500 annual simple interest in one year. what is the annual interest rate?
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A $5000 investment earns $500 annual simple interest in one year. what is the annual interest rate?
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Nov 28, 2019
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A $5000 investment earns $500 annual simple interest in one year. what is the annual interest rate?
Mathematics
middle-school
Jesse Chisholm
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5,000x10%= 500
Annual Interest Rate is 10%
Alex Gontmakher
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Dec 4, 2019
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Alex Gontmakher
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