Julie invested $148,000 in a simple interest account. After 12 years and no additional deposits or withdrawals, the account balance was $210,160. Find the interest rate for the account. Enter the percent with the percent symbol. If the percent is not a whole value, enter it as a decimal where the last digit is not zero and there is a zero before the decimal point for values less than 1. For example, if the answer is .35%, 0.35% should be entered. Round the percent to the nearest thousandth of a percent if needed.
Julie invested $148,000 in a simple interest account. After 12 years and no additional deposits or withdrawals, the account balance was $210,160. Find the interest rate for the account. Enter the percent with the percent symbol. If the percent is not a whole value, enter it as a decimal where the last digit is not zero and there is a zero before the decimal point for values less than 1. For example, if the answer is .35%, 0.35% should be entered. Round the percent to the nearest thousandth of a percent if needed.
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter5: Factoring Polynomials
Section: Chapter Questions
Problem 10MPS
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Julie invested $148,000 in a simple interest account. After 12 years and no additional deposits or withdrawals, the account balance was $210,160. Find the interest rate for the account.
Enter the percent with the percent symbol. If the percent is not a whole value, enter it as a decimal where the last digit is not zero and there is a zero before the decimal point for values less than 1. For example, if the answer is .35%, 0.35% should be entered. Round the percent to the nearest thousandth of a percent if needed.
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