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Arte-miy333 [17]
3 years ago
13

Five years ago, Ruth made a deposit of $500 into a savings account that pays simple interest. She made no further deposits, and

now her account is worth $750. What was the rate of interest per year?
Mathematics
1 answer:
OlgaM077 [116]3 years ago
5 0
The answer would be $50 per year.

$750-$500=$250

$250/5 years= $50 per year.
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