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9. Jude deposited $550 into an account that earns simple interest, and after 11 years, the interest in the account was $484. What was the simple interest rate?

9. Jude deposited $550 into an account that earns simple interest, and after 11 years, the interest in the account was $484. What was the simple interest rate?
asked 69.3k views
21 votes
9. Jude deposited $550 into an account that

earns simple interest, and after 11 years, the
interest in the account was $484. What was
the simple interest rate?

asked
User Marco Fumagalli
by
7.3k points

1 Answer

6 votes

Answer:

8% interest rate

Explanation:

step-by-step explanation: intrest = 484

answered
User Ltjax
by
8.2k points
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