asked 116k views
4 votes
After 6 months the simple interest earned annually on an investment of $6,000 was $463. Find the interest rate to the nearest tenth of a percent.

0.2%
0.154%
13.4%
15.4%

Please Help!!

asked
User Capellan
by
8.1k points

1 Answer

4 votes
the interest rate is 0.2%
answered
User JerMah
by
8.4k points
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