Larry Klaus withdrew $310.80 simple interest from an account after 4 years. If he invested $1,110.00, how much was his rate of interest? 7% 6% 4% 5%

asked Jan 20, 2017 200k views

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Larry Klaus withdrew $310.80 simple interest from an account after 4 years. If he invested $1,110.00, how much was his rate of interest?

7%
6%
4%
5%

7.5k points

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7 votes

Answer:

7% is the answer (hope this helps) or do you need explanations?

Explanation:

Rami Ammoun answered Jan 22, 2017

8.0k points

4 votes

7% is the answer to your question

Nobita answered Jan 25, 2017

7.8k points

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