Caleb deposited $4,000 in an account that earned simple interest annually. - He did not make additional deposits nor withdrawals.
-At the end of 5 years, the balance was $5,200.
What is the interest rate on this account?

Answer is in the file below

tinyurl.com/wpazsebu

the correct option is 2.

step-by-step explanation:

according to the given information triangle abc is a right angle triangle with right angle at a. segment ab is 5 and segment ac is 7. point d is on segment bc and angles adb and adc are right angles.

it is given that triangles abd, cad, and cba are similar.

two triangles are similar if their corresponding sides are proportional.

in triangle cba, using pythagoras theorem

                      )

triangle abd and cba are similar,

                            (2)

triangle cad and cba are similar,

                      )

using (1), (2) and (3), we get

hence proved.

therefore option 2 is correct.