Harold’s balance in his savings account was $10,000. The savings account earns annual simple interest. At the end of 3 years, th

Question

3 years ago

6

Harold’s balance in his savings account was $10,000. The savings account earns annual simple interest. At the end of 3 years, th

e balance of the account was $11,875. If Harold did not make any additional deposits or withdrawals, what was the approximate annual interest rate on the savings account?

Mathematics

1 answer:

mash [69] · Answer 1 · 2022-04-01T07:19:43+03:00

mash [69]3 years ago

5 0

Answer: 625

Step-by-step explanation: 1875/3=625