3 years ago

Caleb deposited $4,000 in an account that earned simple interest annually.

Mathematics

1 answer:

Evgen [1.6K]3 years ago

8 0

Answer:

Step-by-step explanation:

Subtract 4000 from 5200 . This is the amount of interest earned after 5 years.

Divide that by 5. This is the amount earned after 1 year.

What percent is that number of 4000? (6%)

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