Answer: The interest rate is .166%
Step-by-step explanation:
So what I did was divide $50(Amount at the end) by 6 (the number of months). Which would give me the amount of money he made per month ($8.333...). So then $8.333.../$5000(Total $) is .166...% (Interest rate)

Consider, LHS

We know,

We know,

So, using this identity, we get

can be rewritten as

<h2>Hence,</h2>

