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You invested $45.12 and received $45.75 after two years. What was the interest rate?

You invested $45.12 and received $45.75 after two years. What was the interest rate?
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2 votes
You invested $45.12 and received $45.75 after two years. What was the interest rate?

User Singletony
by
8.4k points

2 Answers

3 votes

Answer:

Explanation:

5% x $1,000 x 4 = $200 so its 200

User Stephie
by
9.0k points
3 votes

Explanation:

check for the Financial present formula

User Baby Groot
by
8.1k points
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