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?

I really need help!

1 answer

Divide:

6.3 / 180 = ?

Multiply the answer by 100.
Similar Questions
    1. answers icon 1 answer
    1. answers icon 2 answers
  1. Lester deposited $400 into a savingsaccount earning 4.5% simple interest, and $450 into an investment account earning 3.2%
    1. answers icon 5 answers
  2. Lester deposited $400 into a savingsaccount earning 4.5% simple interest, and $450 into an investment account earning 3.2%
    1. answers icon 3 answers
more similar questions