kkvictory10p7r7sl kkvictory10p7r7sl

11-05-2018
Mathematics

contestada

Over the last 4 years, Michael has earned $240 interest on an initial investment of $2,000. What simple annual interest rate is the bank paying on this account?

Respuesta :

SmokeyRN SmokeyRN

17-05-2018

the simple interest rate was 0.3 or just 3%

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Fishy78 Fishy78

07-10-2020

Answer:

3%

Step-by-step explanation:

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