James opened a savings account with $425. After 2 years, the total interest he earned was $10.20. What was the annual interest r

Question

Marta_Voda [28]

3 years ago

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James opened a savings account with $425. After 2 years, the total interest he earned was $10.20. What was the annual interest r

ate?

Mathematics

1 answer:

SashulF [63] · Answer 1 · 2022-11-02T04:54:25+03:00

Answer:

She has saved $1000 land wants to open an account at the bank so where she earns a simple interest rate of 10/%. If she does ... t years,. • Pis the principal amount (the amount borrowed or invested) ... If he waits 2 years? or 3 years to pay back ... annually. How much money will Jack have after 1 year? 2 years? 5 years? 10

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