A savings account pays interest at a rate of R% per year.
Jack invests £5500 in the account for one year.

At the end of the year, Jack pays tax on the interest at a rate of 40%.
After paying tax, he gets £79.20.

Work out the value of R

Respuesta :

Answer:

.

Step-by-step explanation:

Answer:

2.4%

Step-by-step explanation:

79.20/0.6=132

132/5500*100=24%