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Tammi deposited $520 into a bank account that earned simple interest each year. After 5 years, she had earned $156 in interest.

If no money was deposited into or withdrawn from the account, what was the annual interest rate?

can someone please tell me how to figure this out

User Grekkq
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2 Answers

6 votes

Answer:

The interest rate is 6.

User Grzegorz Gajda
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5 votes
not to be a whole but no idea just trying to get points
User Charles Maresh
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