Mika opened a bank account that earns simple interest with an initial deposit of $2,200. she made no other transactions throughout the year. at the end of the year, mika had $2,260.50 in her account. what was the simple interest rate?

 2.75 %

Step-by-step explanation:

Here, the Principal amount or initial amount, P = $ 2200

The Amount by getting simple interest on the amount, A = $ 2260.50

Time, t = 1 year,

Simple interest rate, r ( let)= ?

Since, The amount in Simple interest,

⇒

⇒

⇒

⇒ = 2.75 %

Thus the simple interest rate = 2.75 %

5x+10 is the correct one

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