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Vitek1552 [10]
3 years ago
6

Terry's investment of $2,200 in the stock market earned $528 in two years. Find the simple interest rate for the investment

Mathematics
2 answers:
GalinKa [24]3 years ago
7 0

Answer:

24%

Step-by-step explanation:

trapecia [35]3 years ago
7 0

Answer:

24%

Step-by-step explanation:

t = ???

P = 2,200

I = 528

r = 12%

528 = 2,200(t x 1)

t = 528/2,200

t = 0.24

t = 0.24 x 100 = 24%

You're welcome.

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