Deonte invested 2at his bank for 10 years if he earned 13 what was the interest rate the bank gave him

The interest rate the bank gave Deonte is 6.5%.

Solution:

Given, Deonte invested 200000 at his bank for 10 years  

He earned 130000  

We have to find what was the interest rate the bank gave him.

Now we know that, simple interest

So, by substituting our values in above formula,

Interest rate 20000 = 130000

Interest rate 2 = 13

Hence, the interest rate given by bank is 6.5% to Deonte.

146%

step-by-step explanation:

your answer is the frist one

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