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Aiden invests money in an account paying simple interest. He invests $40 and no money is added or removed from the investment. After one year, he has $42.80. What is the simple …

Aiden invests money in an account paying simple interest. He invests $40 and no money is added or removed from the investment. After one year, he has $42.80. What is the simple …
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2 votes
Aiden invests money in an account paying simple interest. He invests $40 and no money is added or removed from the investment. After one year, he has $42.80. What is the simple percent interest per year?

asked
User Rashae
by
8.3k points

2 Answers

7 votes

Answer:

7%

This answer is better when your answering as a percentage.

answered
User Alexander Varwijk
by
7.8k points
4 votes

Answer:

82.8

Explanation:

answered
User HemaSundar
by
9.0k points
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