kpeppard1073 kpeppard1073

09-03-2021
Mathematics

contestada

You deposit $1200 in an account. The account earns $120 simple
interest in 8 months. What is the annual interest rate? PLS HELP WILL GIVE BRAINLIEST AND ITS DUE SOON

Respuesta :

dspader dspader

09-03-2021

We have to find the unit rate, so we have to divide what you earned in interest by the amount of months.

120/8=15

So you earn $15 per month

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sorry if this doesn't help

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