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rolpace88 rolpace88
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Posts: 3242
9 years ago
Megan Hughes deposits $2300 in an account that pays simple interest. When she withdraws her money 8 months later, she receives $2484.00. What rate of interest did the account pay? Round to the nearest whole percent.
A) 14% per year
B) 12% per year
C) 13% per year
D) 11% per year
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 2074 times
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MillionMillion
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Posts: 3708
9 years ago
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rolpace88 Author
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9 years ago
That is correct Slight Smile

Thx
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9 years ago
You're welcome. All I ask in return is a thumbs up!
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4 years ago
Thanks
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3 years ago
Thank You!
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3 years ago
Thank you
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