Dakota had $11,211.20 in a savings account with simple interest. She had opened the account with $8,008 exactly 5 years earlier.

Question

2 years ago

12

Dakota had $11,211.20 in a savings account with simple interest. She had opened the account with $8,008 exactly 5 years earlier.

What was the interest rate?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Mathematics

1 answer:

Lynna [10] · Answer 1 · 2022-04-14T08:00:10+03:00

Lynna [10]2 years ago

3 0

Answer:

ARE WE ADDING OR MUTILPLYING

Step-by-step explanation: