Malik deposited $1,050 in a savings account, and it earned $251.50 in simple interest after four year. s find the interest rate on malik's savings account

if it's true simple interest then each year's interest is the same so interest for one year is a quarter of 241.50 which give you the rate but if each year's interest in left in the account the result will be different , it is a really poorly worded question

step-by-step explanation:

the multiplicative inverse of a fraction a/b is b/a. for the multiplicative inverse of a real number, divide 1 by the number. for example, the reciprocal of 5 is one fifth 1/5 or 0.2, and the reciprocal of 0.25 is 1 divided by 0.25, or 4.