Question

Find the annual interest rate if a $5000 investment earns $550 annual simple interest in one year.
(Points : 1)
10.5%
11%
11.5%
12%

Answer 1

11%

Answer 2

thank you

Answer 3

150/100=1.5
so 1.5 leaves is equal to 1%
177-150=27
her collection grew by 27 leaves
27/1.5=percent

Answer 4

Any more?