Seudónimo Seudónimo
  • 26-10-2016
  • Mathematics
contestada

A $6000 investment earns $690 annual simple interest in one year. What is the annual interest rate?

10.5%

11%

11.5%

12%

Respuesta :

Fusion25331
Fusion25331 Fusion25331
  • 26-10-2016
The answer would be 11.5%.
6000 x .115 = 690
Answer Link
Аноним Аноним
  • 26-10-2016
690/6000 = 0.115
0.115 X 100 = 11.5%

Answer is 11.5% 
Answer Link

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