Ask Question
23 April, 05:57

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

+3
Answers (1)
  1. 23 April, 08:49
    0
    The annual interest rate will be $12 since

    6 months * $2 = $12 annual interest rate
Know the Answer?
Not Sure About the Answer?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers