Mathematics, 12.10.2020 08:01, aimeeoconnor20p6b43o
Marcus invested $2000 in a bank account earning simple interest. The interest, I, he has after t years at an interest rate r is given by this equation.
l = 2000 rt
After 2 years, the total amount in the account was $2160. What was the annual interest rate?
Drag and drop an answer choice into each empty box below.
A)4%
B)8%
C) 16%
D)40%
The annual interest rate was .
Answers: 2
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Marcus invested $2000 in a bank account earning simple interest. The interest, I, he has after t yea...
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