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Mathematics, 11.04.2021 19:30 Disd112984

Sophie deposited $12,000 in an account that earned simple interest annually. - She did not make additional deposits; she did not make withdrawals.
-At the end of 4 years, the balance was $14,040.
What is the interest rate on this account?

A.1.7%

B.4.25%

C.8.5%

D.1.45%

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