2 years ago

Mr. Gardener invested $500,000. His annual interest was $40,000. What was the annual interest rate?

Mathematics

1 answer:

Archy [21]2 years ago

8 0

Mr. Gardener's annual interest rate is 8%.

40,000/500,000 = 0.08

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Step-by-step explanation:

Given

See attachment

Required

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