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Jay Feltcher deposited $3,400 into a retirement account. Find the rate if he has $3,494.50 in the account 9 months later. 7% 3.6% 3.7% 6.5%

Jay Feltcher deposited $3,400 into a retirement account. Find the rate if he has $3,494.50 in the account 9 months later. 7% 3.6% 3.7% 6.5%
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Jay Feltcher deposited $3,400 into a retirement account. Find the rate if he has $3,494.50 in the account 9 months later.

7%

3.6%

3.7%

6.5%

asked
User Xavi Valero
by
8.0k points

2 Answers

4 votes

Answer:

3.7%

Explanation:

answered
User Wensveen
by
7.8k points
5 votes
7.4 is the correct answer
answered
User Herbi Shtini
by
8.9k points
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