Julio invested $2,000 in a simple interest account for 3 years she had earned $150 in interest by the end what was the simple interest rate of the account

Respuesta :


[tex]r = \frac{i}{pt} [/tex]
[tex]r = \frac{(2000)(12)}{(150)(14} [/tex]
[tex]r = \frac{24000}{2100} [/tex]
[tex]11.43 = .01143[/tex]