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What was the simple interest rate on a $8,000 investment that was left in an account for 18 months and earned $360 in interest SHOW ME HOW U DID IT PLEASE

What was the simple interest rate on a $8,000 investment that was left in an account for 18 months and earned $360 in interest SHOW ME HOW U DID IT PLEASE
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What was the simple interest rate on a $8,000 investment that was left in an account for 18 months and earned $360 in interest

SHOW ME HOW U DID IT PLEASE

User Richiemorrisroe
by
8.7k points

1 Answer

7 votes
The answer is 0.375%
User FrancescoN
by
7.9k points
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