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%
Answers: 1
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Sophie deposited $12,000 in an account that earned simple interest annually.
- She did not make add...
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