Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

After 5 years, a $2,450 investment is worth $3,123.75. What is the simple annual interest rate for this investment? Enter the answer as a percent.

After 5 years, a $2,450 investment is worth $3,123.75.

What is the simple annual interest rate for this investment? Enter the answer as a percent.

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question