dejatatena09p4kq1p dejatatena09p4kq1p

28-06-2021
Mathematics

contestada

what is the simplest interest rate if $126.77 in interest is earned on a deposit of $1434.85 in one year?

Respuesta :

drmallery drmallery

29-06-2021

Answer:

9%

Step-by-step explanation:

Principal x interest rate=yearly interest

1434.85 x interest rate =126.77

interest rate = 126.77/1434.85

interest rate=.088 or 9%

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