Adriel invests money in an account paying simple interest. He invests $150 and no money is added or removed from the investment. After one year, he has $159. What is the simple percent interest per year? Answer: %

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Adriel invests money in an account paying simple interest. He invests  $150 and no money is added or removed from the investment. After one year, he has  $159. What is the simple percent interest per year? Answer:  %

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Identify Investment Details: Identify the initial investment, the final amount after one year, and the interest earned. Initial investment (Principal, P) = $150 Final amount after one year (A) = $159 Interest earned (I) = Final amount - Initial investment I = $159 - $150 I = $9Use Simple Interest Formula: Use the formula for simple interest to find the rate. The formula for simple interest is I = P * r * t, where I is the interest earned, P is the principal amount, r is the rate of interest per year, and t is the time in years. Since we are looking for the rate (r) and the time (t) is 1 year, we can rearrange the formula to solve for r: r = I / (P * t)Calculate Interest Rate: Calculate the rate of interest per year. r = $9 / ($150 * 1) r = $9 / $150 r = 0.06Convert Rate to Percentage: Convert the decimal rate to a percentage. To convert a decimal to a percentage, we multiply by 100. Rate of interest per year (r) = 0.06 * 100 r = 6%

Adriel invests money in an account paying simple interest. He invests $\$ 150$ and no money is added or removed from the investment. After one year, he has $\$ 159$ . What is the simple percent interest per year? $\newline$ Answer: __________ $\%$

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Adriel invests money in an account paying simple interest. He invests $150 \$ 150 $150 and no money is added or removed from the investment. After one year, he has $159 \$ 159 $159. What is the simple percent interest per year?\newlineAnswer: __________% \% %

Adriel invests money in an account paying simple interest. He invests $\$ 150$ and no money is added or removed from the investment. After one year, he has $\$ 159$ . What is the simple percent interest per year? $\newline$ Answer: __________ $\%$