Kyle invested $130 in a savings account for 2 years. At the end of 2 years, his savings account had $161.20 in it. If $130 represents P, the principal amount, which percent represents the annual simple interest rate (r) that Kyle earned after the 2 year (t) period?
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Kyle invested $130 in a savings account for 2 years. At the end of 2 years, his savings account had $161.20 in it. If $130 represents P, ...” 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.