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3 years ago

11

mr Flores opened an account with a deposit of 5000. The account earned annual simple interest. He did not make any additional de

posits or withdrawals. At the end of 4 years, the balance of the account was 6500 what is the annual interest rate on this account.

2 answers:

bearhunter [10]3 years ago

7 0

Answer:

7.5

Step-by-step explanation:

6500-5000=1500=5000times rate times4

leonid [27]3 years ago

6 0

Add the numbers 5000+6500=11,500

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See below

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