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Mary opened a savings account with a deposit of $18,000.

The account earned simple interest.
He did not make any additional deposits or withdrawals.
At the end of 6 years, the account balance was $18,756.
What is the annual interest rate on this account?


0.6%

0.7%

4.1%

4.2%

1 Answer

14 votes

Answer:

0.7%

Explanation

User Fuad All
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