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Mathematics 7 Online
OpenStudy (anonymous):

MEDAL + FAN PLEASE HELP ONLY 5 MINUTES LEFT ON THE TEST!!!!! Leah deposited $600 into an account and earned $96 in interest after 4 years. To compute the interest rate, use the formula I = prt, where I represents simple interest, p represents principal, r represents interest rate, and t represents time in years.

OpenStudy (popitree):

96=600*r*4

OpenStudy (popitree):

r = 4/100

OpenStudy (popitree):

4%

OpenStudy (anonymous):

Thanks so much!

OpenStudy (popitree):

no problem

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