kw6 kw6
  • 16-01-2020
  • Mathematics
contestada

(HELP!!!) Gustavo invests £520 for 6 years in a bank account paying simple interest. At the end of 6 years, the amount in the bank account is £629.20.


Calculate the annual rate of interest.

Respuesta :

nganlef
nganlef nganlef
  • 16-01-2020
629.20/520=1.21
Powerof6V1.21= 1.0323
Rate of interest 3.23
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