Question

Angelica is deciding which bank would give her the best simple interest rate on a $300 deposit. One bank says she will have $320 in her account if she leaves the principal for 2 years. Is this enough information for Angelica to find the interest rate?

PLEASE HELP

Answer 1

Answer: No

Explanation:

You'll need to know what the second bank will do before deciding.

Answer 2

Answer: No. I don't believe that is enough information.

Explanation: