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Mathcat444
02.03.2020 •
Mathematics
Reflect the coordinates (-2,5) over the line y=-1
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Ответ:
9%
Step-by-step explanation:
To find the answer, you have to use the formula to calculate the interest rate:
r=(1/t)(A/P-1), where
r=rate of interest
A=accrued amount=3000+1350=4350
P=principal amount=3000
t=time periods=5
Now, you can replace the values:
r=(1/5)*(4350/3000-1)
r=0.2*(1.45-1)
r=0.2*(0.45)
r=0.09
According to this, the annual interest rate of her investment is 9%.