madavi364 madavi364

08-11-2019
Mathematics

contestada

21. Mike deposited $700 in his savings account and it earned $39.90 in simple interest over 3 years. Find the simple
interest rate on Mike's savings account.
a: 1.9%
b. $837.90
c. 17%
d. 5.85%

Respuesta :

Lili28J Lili28J

08-11-2019

Answer:

Es la B

Step-by-step explanation:

Answer Link

mamamoe mamamoe

08-11-2019

d. 5.85%

700/39.90=17.54
17.54/3=5.85%

Answer Link

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