Answer:
2.4
Step-by-step explanation:
The formula you would use is: A = P(1 + rt)
P is the principal which is $270
r is the interest rate
t is the time in years but we have 11 days so 11/360
A is $19.8
let's put the values in the formula
$289.9= $270(1 + r*(11/360))
you will find the r is 2.4
