Carlos makes a deposit of $945 in his bank account. 2 years later, his account balance was $1,030.05. what is the interest rate of his savings account?

The simple interest rate can be found from
.. I = Prt
.. 1030.05 -945.00 = 945*r*2
.. 85.05/(2*945) = r = .045 = 4.5%

29. because you will divide each number of months by 12 to find the number of years. which would mean, 5, 12.5, 16, 45, 50, 72.5. which is crazy. anyhow, i think you find the median in the middle. and yea hope your test goes good

He is right i did this thing before