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3 years ago

7

Troy Ulman received his annual savings account statement, showing $78.75 in interest. If his savings account balance was $2,100

at the beginning of the year, what is his annual interest rate?
3%

0.03%

0.375%

3.75%

1 answer:

Naya [18.7K]3 years ago

4 0

Answer is 3.75%

3.75% = 0.0375

0.0375 + $2,100 = <span>$78.75</span>

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