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Lamar deposited $2,008 in a savings account with simple interest. Six months later, he had
earned $110.44 in interest. What was the interest rate?

Respuesta :

HyperX777

Answer:

33%

Step-by-step explanation:

RATE = S.I*100/R*T

SI= 110.44 bucks

Principal=2008 bucks

Time=6 months

So, RATE= 110.44*100

---------------

2008*6

=33%, answer.

Thank You