Question

I'll seriously give medals
You deposit $6,450 in a savings account. After 4 years, the account is worth $7,998. What simple interest rate did the account earn?

Answer 1

$6,450*4years=7998 I guess?

Answer 2

you guess?

Answer 3

well not guess but I used my prior knowledge

Answer 4

hmmmp

Answer 5

I know that its wrong

Answer 6

u doing I=Prt?

Answer 7

it is ihatealgebrasomuch

Answer 8

k, well you have ur original deposit=Principal=6450 and then u have the end which is I= 7998 Time=4 years and your trying to find the % rate so
I = p r t
7998=6450x(4)
now that u have the equation, can u solve it from there?