Find the rate if a principal of $1,100 earned $1,089 interest in 12 years.

Cute Bear asked Jun 6, 2023

120,775 views

28 votes

Cute Bear asked Jun 6, 2023

3.1k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

20 votes

Answer:

8.25

Explanation:

MichaelMoser answered Jun 11, 2023

2.2k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

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

1.6m questions

2.0m answers