sdtang06 sdtang06
  • 20-01-2018
  • Mathematics
contestada

Mr. Gardener invested $500,000. His annual interest was $40,000. What was the annual interest rate?

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marissa2002p03501
marissa2002p03501 marissa2002p03501
  • 20-01-2018
Divide 40,000 by 500,000 and you get 0.08 which is 8%

Hope this helps!
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ahluwaliariddh
ahluwaliariddh ahluwaliariddh
  • 21-01-2018
The answer is 8% Hope this helps
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