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Cookie_009

  • 2 years ago

Ike opened a savings account with a deposit of $3,000. Three years later, he had earned a total of $270 in simple interest. If he made no additional deposits, what was the annual interest rate on his account? A. 0.03% B. 9% C. 4.5% D. 3%

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  1. Twig02
    • 2 years ago
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    D. 3% 3,000*3%= 90 90(3)=270

  2. Cookie_009
    • 2 years ago
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    are you suree

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