SOLUTION: A retired couple invested $12000 in bonds. At the end of one year, they received an interest payment of $804. What was the simple interest rate of the bonds?
Algebra ->
Customizable Word Problem Solvers
-> Geometry
-> SOLUTION: A retired couple invested $12000 in bonds. At the end of one year, they received an interest payment of $804. What was the simple interest rate of the bonds?
Log On
Question 964498: A retired couple invested $12000 in bonds. At the end of one year, they received an interest payment of $804. What was the simple interest rate of the bonds?
