noelia4333 noelia4333
  • 08-09-2020
  • Mathematics
contestada

Clint deposited $1,155 into a savings account. A year later, he has $1169.44 in his
account. What is the interest rate on his account? *

Respuesta :

muhammadbsse3837 muhammadbsse3837
  • 10-09-2020

Answer:

Step-by-step explanation:

i=prt

i=1169.44

p=1155

t=12

put values

1169.44=1155*12 r

1169.44=13860 r

r=1169.44/13860

r= 0.084

convert to percent

r=8.4%

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