Mathematics, 16.04.2021 21:00 ccarman1432

Miss Gonzales opened an account with a deposit of $2,000, The account earned annual simple interest.
She did not make any additional deposits or withdrawals.
At the end of 6 years, the balance of the account was $2,696.
What is the annual interest rate on this account?

Answers: 3

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More questions: Mathematics Another questions

Miss Gonzales opened an account with a deposit of $2,000, The account earned annual simple interest. She did not make any additional deposits or withdrawals. At the end of 6 years, the balance of the account was $2,696. What is the annual interest rate on this account?

Answers

Another question on Mathematics

Miss Gonzales opened an account with a deposit of $2,000, The account earned annual simple interest.
She did not make any additional deposits or withdrawals.
At the end of 6 years, the balance of the account was $2,696.
What is the annual interest rate on this account?