Corey invested $800 in a CD at a simple interest rate. After 24 months, his account was worth $1000. How much interest did he earn? What was his interest rate?

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asked Jul 27, 2022 69.5k views

11 votes

Corey invested $800 in a CD at a simple interest rate. After 24 months, his account was worth $1000.

How much interest did he earn?

What was his interest rate?

Mathematics
college

Maneesh Parihar asked

by Maneesh Parihar

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1 Answer

11 votes

Answer:

made 25%

Explanation:

Nestoro answered Aug 3, 2022

by Nestoro

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