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Maria earned $126 in simple interest from her savings account. If she invested $450 for 7 years, what was the interest rate? 4% 4.5% 3.5% 5%
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Maria earned $126 in simple interest from her savings account. If she invested $450 for 7 years, what was the interest rate? 4% 4.5% 3.5% 5%
asked
Mar 26, 2017
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Maria earned $126 in simple interest from her savings account. If she invested $450 for 7 years, what was the interest rate?
4%
4.5%
3.5%
5%
Mathematics
middle-school
Rahul Bobhate
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Rahul Bobhate
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4% will be the answer
Tbogatchev
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Mar 29, 2017
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Tbogatchev
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5
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answer is
4%
450 * 7 * i = 126
3150 i = 126
i = 126/3150
i = 0.04
0.04 = 4%
SamuelN
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Mar 30, 2017
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SamuelN
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