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Hassan deposited $7,500 into a bank account. at the end of 3 years, the account had earned $900 in simple interest. what rate of interest did the account earn per year
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Hassan deposited $7,500 into a bank account. at the end of 3 years, the account had earned $900 in simple interest. what rate of interest did the account earn per year
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Apr 12, 2018
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Hassan deposited $7,500 into a bank account. at the end of 3 years, the account had earned $900 in simple interest. what rate of interest did the account earn per year
Mathematics
high-school
Umamaheswaran
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R=i/pt
R=900/3*7500=0.04*100=4%
ErnestoE
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Apr 18, 2018
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ErnestoE
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