Peng opened a savings account with a deposit of $15,000.
The account earned simple interest.
...
Mathematics, 10.03.2021 20:10 GlitterGayness
Peng opened a savings account with a deposit of $15,000.
The account earned simple interest.
He did not make any additional deposits or withdrawals.
At the end of 5 years, the account balance was $15,450.
What is the annual interest rate on this account?
0.2%
0.4%
0.6%
0.8%
Answers: 1
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