dearrisclark200717
Answered

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Darius deposits $600 into a simple interest rate after a year the account balance will be $615 what is the interest rate?​

Sagot :

mhanifa

Answer:

  • 2.5%

Step-by-step explanation:

  • Deposit = $600
  • Time = 1 year
  • Balance after a year = $615

Interest amount is:

  • $615 - $600 = $15

Interest rate is:

  • 15/600*100% = 2.5%

Answer: the guy above me is right its 2.5%

Step-by-step explanation: 15/600 = 2.5/10

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