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Mr. Gardener invested $500.000. His annual interest was $40.000. What was the annual interest rate?

Mr. Gardener invested $500.000. His annual interest was $40.000. What was the annual interest rate?
asked 56.6k views
25 votes
Mr. Gardener invested $500.000. His annual interest was $40.000. What was the annual interest rate?

asked
User Itamar Lavender
by
7.5k points

1 Answer

8 votes

Answer:

8% per year

Explanation:

............

answered
User Suzi
by
7.8k points
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