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A principal of $3500 was invested in a savings account for 5 years. if the interest earned for thenperiod was 1525 what was the interest rate

A principal of $3500 was invested in a savings account for 5 years. if the interest earned for thenperiod was 1525 what was the interest rate
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a principal of $3500 was invested in a savings account for 5 years. if the interest earned for thenperiod was 1525 what was the interest rate

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User Sashant Pardeshi
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6 votes

Answer:

Are we dealing with a simple or compound interest scenario

Explanation:

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User MrArias
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