thaywood29 thaywood29

Today at 12:16 AM
Mathematics

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ty deposited 5000$ into a saving account that pay a simple interest after one year he had 5200 what interest rate was the account earning ty

Answer :

Today at 12:21 AM

Answer:

4%

Step-by-step explanation:

0.04 times 5000 is 200. add that to 5000 and you have 5200. i originally got it by dividing 5200 by 500, and i got 1.04. sorry if it doesnt make much sense

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