Mathematics, 07.12.2019 09:31 shainaanderson24

Ron deposited $450 into a savings account for which simple interest is
calculated semiannually. if his $450 grew to $459 after 6 months, what is the
yearly interest rate on ron's account?
a. 1%
b. 2%
c.4%
d. 8%

Answers: 1

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Ron deposited $450 into a savings account for which simple interest is
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More questions: Mathematics Another questions

Ron deposited $450 into a savings account for which simple interest is calculated semiannually. if his $450 grew to $459 after 6 months, what is the yearly interest rate on ron's account? a. 1% b. 2% c.4% d. 8%

Answers

Another question on Mathematics

Ron deposited $450 into a savings account for which simple interest is
calculated semiannually. if his $450 grew to $459 after 6 months, what is the
yearly interest rate on ron's account?
a. 1%
b. 2%
c.4%
d. 8%