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Akimi4 [234]
4 years ago
11

After 3 years, Remington earned $390 in simple interest from a CD into which he initially deposited $4000. What was the annual i

nterest rate of the CD?
Mathematics
2 answers:
bazaltina [42]4 years ago
4 0

Answer:

3.25%

Step-by-step explanation:

apex

olganol [36]4 years ago
3 0
R=I/pt
R=(390÷(4,000×3))×100
R=3.25%
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