You put $500 in an account. The account earns $55 simple interest in 5
years. What is the annual interest
rate?

HURRY HELP

2.2% per year

Step-by-step explanation:

Problem:

You deposit $500 into a bank account and received $55 simple interest after 5 years. What had been the interest rate?

Result:

The interest rate was 2.2% per year.

Explanation:

Find interest rate by using the formula I = P*i*t , where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.  In this example I = $55, P = $500 and t = 5 years, so

i = 55/500*5

i=0.022 = 2.2% per year

Hope it helps XD

the central idea is that:

individuals should refuse to cooperate with institutions they believe unjust.

thoreau felt  that governments were more often agents of corruption than justice, even democracies, and that just because the majority feels a certain way does not make it just or correct in absolute terms. he uses the fact that slavery exists in our democracy to support this idea.

he goes on to say that, as a result, people should live true to their own internal laws regarding right and wrong, as a product of reflection and a moral life, rather than following every law that society imposes. 

step-by-step explanation: