Register
Kelli Rae invested $220,000 in a savings account with simple interest. After 10 years, Kelli Rae had $250,000. What is the interest rate on this account?
17.4k views
5 votes
Kelli Rae invested $220,000 in a savings account with simple interest. After 10 years, Kelli Rae had $250,000. What is the interest rate on this account?

User Nitarshan
by
3.4k points

1 Answer

0 votes

Answer:1.36%

Step-by-step explanation:

I just took the exam and my answer was correct.

User Haribo
by
2.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.3m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Can someone help me plz I have to Turn 27/9 in simplest
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
A survey of 539 adults aged 18-24 year olds was conducted in which they were asked what they did last Friday night. It found: 189 watched TV 163 hung out with friends 29 watched TV and ate pizza, but did
Link Copied!