Noah wants to invest $2,000.00 in a savings account. Determine the simple interest rate required for Noah's investment to grow to $8,100.00 in 18 months. Round your answer to the nearest tenth of a percent and don't forget to include a percent sign, %, in your answer. The interest rate required to grow the investment to $8,100.00 is Hint Question Help: DVideo Message instructor
Noah wants to invest $2,000.00 in a savings account. Determine the simple interest rate required for Noah's investment to grow to $8,100.00 in 18 months. Round your answer to the nearest tenth of a percent and don't forget to include a percent sign, %, in your answer. The interest rate required to grow the investment to $8,100.00 is Hint Question Help: DVideo Message instructor
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 32A: A manufacturer estimates that 15,500 pieces per day could be produced with the installation of new...
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