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Cindy made 40$ in interest by placing 200$ in a savings account with simple interest for 2 years. What is the interest rate?
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Cindy made 40$ in interest by placing 200$ in a savings account with simple interest for 2 years. What is the interest rate?
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Aug 12, 2020
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Cindy made 40$ in interest by placing 200$ in a savings account with simple interest for 2 years. What is the interest rate?
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Answer:
The interest rate is 10 percent
$20*2=$40
Michael Sims
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Aug 17, 2020
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