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You deposit $200 in an account. The account earns $15 simple interest in 3 years. What is the annual interest rate?

You deposit $200 in an account. The account earns $15 simple interest in 3 years. What is the annual interest rate?
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5 votes
You deposit $200 in an account. The account earns $15 simple interest in 3 years. What is the annual interest rate?

asked
User Thumber Nirmal
by
7.8k points

1 Answer

3 votes

Answer:

200=15*3(4.4%) tis 4.4%

Explanation:

answered
User Kafi
by
9.3k points
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