Ask Question
7 January, 19:38

You put $100 in an account. the account earns $2 simple interest in 6 months. What is the annual interest rate?

+4
Answers (1)
  1. 7 January, 22:04
    0
    The annual interest rate will be $12 since

    6 months * $2 = $12 annual interest rate
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You put $100 in an account. the account earns $2 simple interest in 6 months. What is the annual interest rate? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers