Suppose you deposited $400 in a savings account 2 years ago. The simple interest rate...
60.1K
Verified Solution
Link Copied!
Question
Basic Math
Suppose you deposited $400 in a savings account 2 years ago. The simple interest rate is 2.6%. The interest thatyou earned in those 2 years is $20.80. Which of the following is/are true?r= 2.6%t = 400p=2t=400A. I= 20.80B. r= 2.6%C.p=2 D. t= 400Which of the following is/are true? Select all that apply.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
