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Is a deposit of $10,000 was made to an account the year you were born after 12 years that count is worth $16,600 what simple interest rate did the account earn

Is a deposit of $10,000 was made to an account the year you were born after 12 years that count is worth $16,600 what simple interest rate did the account earn
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is a deposit of $10,000 was made to an account the year you were born after 12 years that count is worth $16,600 what simple interest rate did the account earn

asked
User Alexey Kryshen
by
7.3k points

1 Answer

5 votes
5.5% interest or 0.055
answered
User Brian Liang
by
8.3k points
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