Math, asked by joshimahendrag28, 5 months ago

Derek deposited $3,000 in a simple interest account 3 years ago. He has earned $360 in interest so far. What is the interest rate for his account

Answers

Answered by Greylight01

0

Answer:

4%

Step-by-step explanation:

360/3= 120, which is the annual earnings of the interest.

120/3000= 0.04 x 100= 4%

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