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Mathematics, 29.03.2021 14:00 josephicarusmarrujo

Mr. lira opened an account with a deposit of $2,000. The account earned annual simple interest.
He did not make any additional deposits or withdrawals.
At the end of 7 years, the balance of the account was $3,500.
What is the annual interest rate on this account?

A) 25%

B) 30%

C) 22,5%

D) 27%

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Answers: 1

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Mr. lira opened an account with a deposit of $2,000. The account earned annual simple interest.
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