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Isabel invested $200 in a fund for 6 years and was paid simple interest. The total interest that she received on the investment was $48. As a percentage, what was the annual int…

Isabel invested $200 in a fund for 6 years and was paid simple interest. The total interest that she received on the investment was $48. As a percentage, what was the annual int…
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Isabel invested $200 in a fund for 6 years and was paid simple interest. The total interest that she received on the investment was $48. As a percentage, what was the annual interest rate of her investment.

User Ehsan
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1 Answer

3 votes
You need to do cross multiplication
User James Harris
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