19-10-2020
Mathematics

contestada

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?

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shannonr1405 shannonr1405

19-10-2020

Answer:

They must pay 4% interest rate. Hope I am able to help.

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