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Mikayla opens a savings account with a principal balance of $3,000. After 5 years, she earns $450 in interest. Using the equation =rt , where = interest, = principal, = rate, and =time. What is the interest
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Mikayla opens a savings account with a principal balance of $3,000. After 5 years, she earns $450 in interest. Using the equation =rt , where = interest, = principal, = rate, and =time. What is the interest rate on Mikayla’s account after 5 years?

User Mohakagr
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2 Answers

3 votes
the answer is $3000 dollars divided by 450
User User Rebo
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5 votes
The answer is attached.
Mikayla opens a savings account with a principal balance of $3,000. After 5 years-example-1
User GRY
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