Asked by Olivia

Tomas put $180 in an account earning simple interest. At the end of one year, the account had $186.30 in it. Assuming no additional deposits or withdrawals, what was the interest rate being paid?

Answers

Answered by Ms. Sue
Abby, Ruth, or Olivia -- please don't switch screen names. We know the same person has posted 5 math problems in the last few minutes.

I'll be glad to check YOUR answer.
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