Mathematics

Adkins

29 May, 09:45

Sean deposited $200 into an account, and earned $36 in interest after 3 years.

Use the formula 'I=prt' where 'I' represents simple interest,'p' represents principal,'r' represents interest rate, and 't' represents time in years.

What is the interest rate?

A. 0.06

B. 0.6

C. 6.0

D. 60

+1

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