You put $10,000 in a simple interest account at a bank. You will earn $1,800 in just 4 years. What is the annual interest rate for the account?

asked Jul 23, 2017 127k views

3 votes

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6 votes

Answer:

4.5%

Explanation:

HamedFathi answered Jul 23, 2017

8.3k points

0 votes

10000 * x/100 * 4 = 1800

400 * x = 1800

x = 9/2 = 4.5

4.5%

Seyma Kalay answered Jul 30, 2017

7.9k points

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