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Mathematics, 01.02.2021 23:20 iceecole6570

Xavier opened a savings account with a deposit of $12,000. The account earned simple interest.
He did not make any additional deposits or withdrawals.
At the end of 3 years, the account balance was $12,324.
What is the annual interest rate on this account?

0.9%

1.8%

2.7%

3.6%

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Answers: 3

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Xavier opened a savings account with a deposit of $12,000. The account earned simple interest.
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