5mr. flores opened an account with a deposit of $5.000
• the account earned annual simple inter...
Mathematics, 11.09.2019 00:20 juliannasl
5mr. flores opened an account with a deposit of $5.000
• the account earned annual simple interest
• he did not make any additional deposits or withdrawals.
. at the end of 4 years, the balance of the account was $0.500
what is the annual interest rate on this account?
a 5.8%
b 7.5%
c 3.3%
d 1.9%
Answers: 2
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