Register

You deposit $800 in an account that earns simple interest. The difference between the total interest earned after 7 years and the total interest earned after 3 years is $64. Wha…

You deposit $800 in an account that earns simple interest. The difference between the total interest earned after 7 years and the total interest earned after 3 years is $64. Wha…
101k views
1 vote
You deposit $800 in an account that earns simple interest. The difference between the total interest earned after 7 years and the total interest earned after 3 years is $64. What is the annual interest rate?

User Sam Chan
by
8.5k points

1 Answer

4 votes

Answer:

Explanation:

User Spuder
by
7.6k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!