A $6000 investment earns $690 annual simple interest in one year. What is the annual interest rate?
10.5%
11%
11.5%
12%
+5
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A $6000 investment earns $690 annual simple interest in one year. What is the annual interest rate? 10.5% 11% 11.5% 12% ...” 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.