Mathematics, 17.12.2021 06:30 jdkrisdaimcc11
Alexis opened a savings account that earns simple interest with an initial deposit of $4,000. She made no other transactions on the account for 6 years. At the end of the 6 years, Alexis had earned $600 on her account. What was the simple interest rate?
1.5%
2.2.5%
3.1.5%
4.0.025%
Answers: 3
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Alexis opened a savings account that earns simple interest with an initial deposit of $4,000. She ma...
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