Invests $5,000 in a simple interest account for 5 years. What interest rate must the account pay so there is $6,000 in the account at the end of 5 years?

Invests $5,000 in a simple interest account for 5 years. What interest rate must the account pay so there is $6,000 in the account at the end of 5 years?

asked Jan 3, 2021 167k views

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