Joannie lent 200$ to her sister. Four years later, her sister repaid her in full with 228$. What a simple annual interest rate d

Question

Margaret [11]

2 years ago

14

Joannie lent 200$ to her sister. Four years later, her sister repaid her in full with 228$. What a simple annual interest rate d

id Joannie's sister pay?

Mathematics

2 answers:

tatiyna · Answer 1 · 2022-07-22T22:12:47+03:00

tatiyna2 years ago

6 0

I believe the interest world be 3.5%

lorasvet [3.4K] · Answer 2 · 2022-07-23T00:40:42+03:00

lorasvet [3.4K]2 years ago

4 0

Answer:

3.5%

Step-by-step explanation:

Joannie lent $200 to her sister. Four years later, her sister repaid her in full with $228. What simple annual interest rate did Joannie's sister pay?