4 years ago

Maria earned $126 in simple interest from her savings account. If she invested $450 for 7 years, what was the interest rate?

2 answers:

xeze [42]4 years ago

8 0

Answer is <span>4%

450 * 7 * i = 126
3150 i = 126
i = 126/3150
i = 0.04

0.04 = 4%

</span>

6 0

4% will be the answer

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