contestada

Maria earned $126 in simple interest from her savings account. If she invested $450 for 7 years, what was the interest rate?
4%

4.5%

3.5%

5%

Respuesta :

answer is 4%

450 * 7 * i = 126
3150 i = 126
i = 126/3150
i = 0.04

0.04 = 4%

4% will be the answer