Ed has made an investment that will return a fixed percentage simple interest. He knows that he started with 15000 dollars on March 10, and that on May 8, the investment is worth 15213.36 dollars. What rate of interest is he receiving?

Cristofer Graves

Cristofer Graves

Answered question

2022-07-26

Ed has made an investment that will return a fixed percentage simple interest. He knows that he started with 15000 dollars on March 10, and that on May 8, the investment is worth 15213.36 dollars. What rate of interest is he receiving?

Answer & Explanation

Rihanna Robles

Rihanna Robles

Beginner2022-07-27Added 18 answers

endpoint V=(7,-27)

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