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The compound interest on a certain sum of money for 2 years is $208 and the simple interest for the same time at the same rate is $200. Find the rate %.

The compound interest on a certain sum of money for 2 years is $208 and the simple interest for the same time at the same rate is $200. Find the rate %.
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The compound interest on a certain sum of money for 2 years is $208 and the simple interest for the same time at the same rate is $200. Find the rate %.

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User Teetrinker
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1 Answer

3 votes
The answer is 208+200=408
answered
User Oswin
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8.0k points
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