Ask your own question, for FREE!
Mathematics 14 Online
OpenStudy (anonymous):

Terry’s investment of $2,200 in the stock market earned $528 in two years. Find the simple interest rate for this investment.

OpenStudy (anonymous):

SI = PTR/100 here, SI=528 , P = 2200 , T=2 so, R = 208

OpenStudy (anonymous):

if its the rate, you dont need to work.....you will be rich with interest only.......

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!