Ask Question
19 April, 01:40

derek deposited 3000 in a simple interest account 3 years ago. he has earned 360 in interest so far what is the interest rate for his account

+4
Answers (1)
  1. 19 April, 02:04
    0
    4%

    Step-by-step explanation:

    I=Prt (interest rate = principle (rate) (time)

    360 = (3000) (r) (3)

    360=9000

    4%
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “derek deposited 3000 in a simple interest account 3 years ago. he has earned 360 in interest so far what is the interest rate for his ...” 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