medal if you think 6% is right
Lily invested $750 in a savings account and earned $225 in interest at the end of 5 years.

What was the interest rate?

A.
5%

B.
5.5%

C.
6%

D.
6.5%

Question

medal if you think 6% is right
Lily invested $750 in a savings account and earned $225 in interest at the end of 5 years.

What was the interest rate?

A. 
  5%

B. 
  5.5%

C. 
  6%

D. 
  6.5%

rayman5766 · Answer

@texaschic101 your online it says you offline what is going on

texaschic101 · Answer

Who knows ?? But I am here :)
I = PRT
P = 750
I = 225
T = 5
now we sub
225 = (750)(R)(5)
225 = 3750R
225/3750 = R
0.06 = R -- turn to percent
6% = R

rate is 6% .... I agree with you :) here is your medal