asked 23.5k views
22 votes
Xavier opened a savings account with a deposit of $12,000. the account earned simple interest. he did not make any additional deposits or withdrawals. at the end of 3 years, the account balance was $12,324. what is the annual interest rate on this account? question 5 options: 0.9% 1.8% 2.7% 3.6%

1 Answer

6 votes

Answer:

0.9%

Explanation:

I took the test

answered
User Firatozcevahir
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