SOLUTION: IF you earn 472 in simple interest on an investment of $240 after three tears, what is the interest rate?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: IF you earn 472 in simple interest on an investment of $240 after three tears, what is the interest rate?      Log On


   

Question 1009973: IF you earn 472 in simple interest on an investment of $240 after three tears, what is the interest rate?
Found 2 solutions by waseempalestine, MathTherapy:
Answer by waseempalestine(4) About Me  (Show Source):
You can put this solution on YOUR website!
472/3=157.3333

157.3/240*100%=65.66666

Answer by MathTherapy(10552) About Me  (Show Source):
You can put this solution on YOUR website!

IF you earn 472 in simple interest on an investment of $240 after three tears, what is the interest rate?
.65555555, or highlight_green%2865.5555555%29 %