document.write( "Question 1065768: Hank deposited $750 in the bank for 3 years. He earned $135 in simple interest at the end of the three years. What was the annual interest rate? \n" ); document.write( "
Algebra.Com's Answer #680925 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! I=Prt \n" ); document.write( "r=I/Pt \n" ); document.write( "r=135/(750*3) \n" ); document.write( "r=135/2250 \n" ); document.write( "r=0.06=6% \n" ); document.write( " |