220k views
16 votes
Find the annual interest rate.

I = $160, P= $2000, t= 8 months
The annual interest rate is
1
%.

User Instine
by
6.1k points

2 Answers

4 votes

Answer:

20.50

Explanation:

User Elease
by
6.9k points
9 votes

Answer:

12.05%

Explanation:

:D

User Thmspl
by
6.4k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.