jacobwright218 jacobwright218

Today at 5:37 AM
Mathematics

Answered

What is the annual interest rate if $1600 is invested for 6 years and $456 in interest is earned?

Answer :

Aliwohaish12 Aliwohaish12

Today at 5:43 AM

R=i/pt
R=456÷(1,600×6)
R=0.0475*100==4.75%

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kbraden202 kbraden202

Today at 5:43 AM

ur answer is 4.75 hope this helped u

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