Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Solve
You deposit $2000 in an account. The account earns $120 simple
interest in 2 years. What is the annual interest rate?
I=120
p=2000
I=prt
I=20000
=
t=2