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Lily invested $750 in a savings account and earned $225 in interest at the end of 5 years.  What was the interest rate? a. 5% b. 5.5% c. 6% d. 6.5%

Lily invested $750 in a savings account and earned $225 in interest at the end of 5 years.  What was the interest rate? a. 5% b. 5.5% c. 6% d. 6.5%
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1 vote
Lily invested $750 in a savings account and earned $225 in interest at the end of 5 years. 

What was the interest rate?


a. 5%


b. 5.5%


c. 6%


d. 6.5%

asked
User Dmytro Biletskyi
by
8.6k points

2 Answers

4 votes
C I believe thus id the answer
answered
User Andrii Kovalenko
by
8.3k points
6 votes
your answer is 6%
because 6% =0.06 x 750 =45
45x 5 (years)=225

answered
User Bluezen
by
8.5k points
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