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Illusion [34]
3 years ago
13

A family deposited $8000 into an account six years ago. The account earned

Mathematics
2 answers:
goldfiish [28.3K]3 years ago
6 0
For this you have to ask yourself:

$1200 is what percent of $8000

$1200/$8000 = x%
0.15 = x%
0.15 x100 = 15%

The rate for the account is 15%
nataly862011 [7]3 years ago
3 0

Use I = prt

1200 = 8000r(1)

1200/8000 = r

0.15 = r

15% = r

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