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: Susan bought a 6-month $1,400 certificate of deposit. At the end of 6 months, she received $126 simple interest. What annual rate of interest did the certificate pay?

: Susan bought a 6-month $1,400 certificate of deposit. At the end of 6 months, she received $126 simple interest. What annual rate of interest did the certificate pay?
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19 votes
: Susan bought a 6-month $1,400 certificate of deposit. At the end of 6 months, she

received $126 simple interest. What annual rate of interest did the certificate pay?

User Cadburry
by
7.8k points

1 Answer

8 votes
She paid 6 dollars every month.


User Mantas Astra
by
7.7k points
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