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You invested $3000 in a savings account that earns simple interest. After 15 years you had earned $225 in interest. What was the interest rate on the account?
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You invested $3000 in a savings account that earns simple interest. After 15 years you had earned $225 in interest. What was the interest rate on the account?
asked
Apr 7, 2023
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You invested $3000 in a savings account that earns simple interest. After
15 years you had earned $225 in interest. What was the interest rate on
the account?
Mathematics
college
Chhabilal
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Chhabilal
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Answer:
the answer is .5%
Explanation:
more money= more interest rate
Sharana
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Apr 14, 2023
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Sharana
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