Answered

IDNLearn.com is your go-to resource for finding expert answers and community support. Explore thousands of verified answers from experts and find the solutions you need, no matter the topic.

Casho invests money in an account paying simple interest. She invests $30 and no
money is added or removed from the investment. After one year, she has $32.40.
What is the simple percent interest per year?

Sagot :

Answer:

8%

Step-by-step explanation:

Divide ( 32.40 / 30 ). This outputs the answer 1.08, or 108%. This means that the outcome is 108% of the original, or 8% greater.

We appreciate your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Thank you for choosing IDNLearn.com. We’re here to provide reliable answers, so please visit us again for more solutions.