K 11 12 13 14 15 16 17 18 19 20 21 22 Rachel invested...

60.1K

Verified Solution

Question

Basic Math

image

K 11 12 13 14 15 16 17 18 19 20 21 22 Rachel invested 800 in a fund for 2 years and was paid simple interest The total interest that she received on the investment was 80 As a percentage was the annual interest rate of her investment If necessary refer to the list of financial formulas

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students