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If you invest 360 dollars and your annual interest is 54$ what is the interest rate?

If you invest 360 dollars and your annual interest is 54$ what is the interest rate?
asked 189k views
3 votes
If you invest 360 dollars and your annual interest is 54$ what is the interest rate?

asked
User Brian Stork
by
8.5k points

2 Answers

4 votes

Answer:

I think it's $554.40

Explanation:

answered
User Namanyay Goel
by
7.9k points
1 vote

Answer:

0.15

Explanation:


54 / 360

equals 0.15

answered
User Wojtek Majerski
by
8.6k points
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