Register

Aubree invests money in an account paying simple interest. She invests $30 and no money is added or removed from the investment. After one year, she has $32.40. What is the simp…

Aubree invests money in an account paying simple interest. She invests $30 and no money is added or removed from the investment. After one year, she has $32.40. What is the simp…
asked 77.3k views
9 votes
Aubree invests money in an account paying simple interest. She invests $30 and no

money is added or removed from the investment. After one year, she has $32.40.
What is the simple percent interest per year?

asked
User Rebekah Waterbury
by
8.1k points

1 Answer

5 votes

Answer:

8%

Explanation:

$30 divided by 100= 0.3/1%

0.3x8=$2.40

$30+$2.4=32.40

answered
User Atok
by
7.9k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!