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Mikiyah invested $2,500 in a simple interest account for 2 years.At the end of the years she has earned $75 in interested.What was the simple interest rate of this account?

Mikiyah invested $2,500 in a simple interest account for 2 years.At the end of the years she has earned $75 in interested.What was the simple interest rate of this account?
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Mikiyah invested $2,500 in a simple interest account for 2 years.At the end of the years she has earned $75 in interested.What was the simple interest rate of this account?

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User Kongkea
by
8.2k points

1 Answer

5 votes

Answer:

1.5%

Explanation:

answered
User Phreak Nation
by
8.6k points
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