SOLUTION: Tela invests $1500 in a year certificate of deposit. At the end of 1 year, her balance is $1530. What is the simple annual interest rate?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Tela invests $1500 in a year certificate of deposit. At the end of 1 year, her balance is $1530. What is the simple annual interest rate?      Log On