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An 800 deposit for 24 months earned $200 in interest. i need to find out the rate, and total value

An 800 deposit for 24 months earned $200 in interest. i need to find out the rate, and total value
asked 179k views
8 votes
An 800 deposit for 24 months earned $200 in interest. i need to find out the rate, and total value

asked
User Ajknzhol
by
8.5k points

2 Answers

8 votes

Answer:

rate is 8.30 and total value is 1000

Explanation:

answered
User Lmasneri
by
7.9k points
1 vote

Answer:

rate: 8.33 dollars per month in interest. total value: $1000

Explanation:

answered
User Radium
by
9.0k points
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