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Shaq invested $900 into a savings account that pays annual simple interest. At the end of 9 years, he earned $461.70 in interest. What is the interest rate on the savings account? Round to the nearest
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Shaq invested $900 into a savings account that pays annual simple interest. At the end of 9 years, he earned $461.70 in interest. What is the interest rate on the savings account? Round to the nearest tenth of a percent.​

User Xxa
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1 Answer

3 votes

Answer:

0.051

Explanation:

User Sebastian Nette
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