Diana invested $3000 in a savings account for 3 years. She earned $450 in interest over that time period. What interest rate did she earn? Use the formula I=Prt to find your answer, where I is interest, P is principal, r is rate and t is time. Enter your solution in decimal form rounded to the nearest hundredth. For example, if your solution is 12%, you would enter 0.12.

Respuesta :


[tex]450 = 3000 x3[/tex]
[tex]3000(x)3 = 9000x[/tex]
[tex]450 = 9000x[/tex]
[tex]450 \div 9000 = x[/tex]
Rate is .05 or 5%

Answer:

5%

Step-by-step explanation: