hizaddyurrelyhot hizaddyurrelyhot
  • 29-04-2021
  • Mathematics
contestada

What is the interest rate on a savings account of $10,000 that earns $2,000 after 4 years?

Respuesta :

drmallery drmallery
  • 02-05-2021

Answer:

5%

Step-by-step explanation:

2000/4=500 per year in interest

500/10000=.05 or 5%

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