Ranee keeps £360 in a savings account for a year. At the end of the year she gets £13.50 in interest.Work out the interest rate on the account.Give your answer as a percentage. What's the answer guys and girls
5 answers
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I = PRT
13.5 = 360R
13.5 / 360 = R
0.0375 = 3.75%
I = PRT
13.5 = 360R
13.5 / 360 = R
0.0375 = 3.75%
thanks so the answer is 3.75%
Yes and you're welcome.