Mathematics, 05.05.2021 21:20 fheight01

Mr. Nunez opened an account with a deposit of $3,000. The account earned annual simple interest.
- He did not make any additional deposits or withdrawals.
- At the end of 5 years, the balance of the account was $3,765.
What is the annual interest rate on this account?
O %4.5
O %6.6
O %5.1
O %5.7

Mr. Nunez opened an account with a deposit of $3,000.

The account earned annual simple interest.

Answers: 1

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Mr. Nunez opened an account with a deposit of $3,000. The account earned annual simple interest.

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More questions: Mathematics Another questions

Mr. Nunez opened an account with a deposit of $3,000. The account earned annual simple interest. - He did not make any additional deposits or withdrawals. - At the end of 5 years, the balance of the account was $3,765. What is the annual interest rate on this account? O %4.5 O %6.6 O %5.1 O %5.7

Answers

Another question on Mathematics

Mr. Nunez opened an account with a deposit of $3,000. The account earned annual simple interest.
- He did not make any additional deposits or withdrawals.
- At the end of 5 years, the balance of the account was $3,765.
What is the annual interest rate on this account?
O %4.5
O %6.6
O %5.1
O %5.7