Thedsmp Thedsmp

08-02-2022
Mathematics

contestada

Nathan invests money in an account paying simple interest. He invests $180 and no money is added or removed from the investment. After one year, he has $196.20. What is the simple percent interest per year?
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laylawiley2020 laylawiley2020

13-02-2022

Answer:9%

Step-by-step explanation:

Divide 196.20 by 180 = 1.09

1.09x100= 109%
109-100=9%

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