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PLEASE HELP Joannie lent $200 to her sister. Four years later, her sister repaid her in full with $228. What simple annual interest rate did Joannie's sister pay? A. 3.0% B. 3.5% C. 4.0% D. 4.5%
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PLEASE HELP

Joannie lent $200 to her sister. Four years later, her sister repaid her in full with $228. What simple annual interest rate did Joannie's sister pay?
A. 3.0%
B. 3.5%
C. 4.0%
D. 4.5%

User Samssonart
by
9.0k points

2 Answers

3 votes

Answer:

3.5

Explanation:

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User Dan Mackinlay
by
8.1k points
4 votes

Answer:

3.5

Explanation:

User Stuart Smith
by
7.1k points
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