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After 5 years the simple interest earned on an investment of $3,000 was $645. Find the interest rate. A) 4.4% B) 4.5% C) 4.3% D) 4.2%

After 5 years the simple interest earned on an investment of $3,000 was $645. Find the interest rate. A) 4.4% B) 4.5% C) 4.3% D) 4.2%
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After 5 years the simple interest earned on an investment of $3,000 was $645. Find the interest rate.

A) 4.4%
B) 4.5%
C) 4.3%
D) 4.2%

User Pritam Bohra
by
7.5k points

1 Answer

4 votes
I think it's C that might be the answer
User Jhtong
by
7.9k points
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