Salma invested $8000 in a fund for 6 years and was paid simple interest. The total interest that she received on the investment was$1400. A

Question

Salma invested $8000 in a fund for 6 years and was paid simple interest. The total interest that she received on the investment was$1400. As a percentage, what was the annual interest rate of her investment? If necessary, refer to the list of financial formulas.

in progress 0
13 mins 2021-07-22T23:35:58+00:00 1 Answers 0 views 0