Mary opened a savings account with a deposit of $18,000.
The account earned simple interest.
...
Mathematics, 23.02.2021 02:00 LTLICKME7437
Mary opened a savings account with a deposit of $18,000.
The account earned simple interest.
• He did not make any additional deposits or withdrawals.
• At the end of 6 years, the account balance was $18,756.
What is the annual interest rate on this account?
O 0.6%
O 0.7%
o 4.1%
4.2%
Answers: 1
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