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You invested $600 in a shark tank invention and received $180 in interest after four years. What had been the interest rate? Do NOT round your answer!

You invested $600 in a shark tank invention and received $180 in interest after four years. What had been the interest rate? Do NOT round your answer!
asked 51.1k views
23 votes
You invested $600 in a shark tank invention and received $180 in interest after four years. What had been the interest rate? Do NOT round your answer!

asked
User Reggaemuffin
by
8.3k points

1 Answer

12 votes
interest of $45 per year
answered
User BPS
by
8.3k points
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