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you deposit $2,000 in an account that earns simple interest. after 6 months the account earns $210 in interest. what is the annual rate
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you deposit $2,000 in an account that earns simple interest. after 6 months the account earns $210 in interest. what is the annual rate

User Aditya Ponkshe
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1 Answer

3 votes

Answer:

21%

Explanation:

210 is 10.5% of the amount that is for 6 months doubling it will make it 420 that is 21% of the total amount of 2000.

User Shloime
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