you received $101 and received $106.05 after one year . what was the intrest rate Question you received $101 and received $106.05 after one year . what was the intrest rate in progress 0 Math Peyton 2 months 2021-08-14T03:02:05+00:00 2021-08-14T03:02:05+00:00 1 Answer 0 views 0

## Answers ( )

Answer:5%Step-by-step explanation:106.05-101=5.05106.05-101=5.055.05/101=0.05 or 5%106.05-101=5.055.05/101=0.05 or 5%Checking:106.05-101=5.055.05/101=0.05 or 5%Checking:101*5%= 5.05106.05-101=5.055.05/101=0.05 or 5%Checking:101*5%= 5.05101+5.05=106.05