Jackson, a delivery associate, has been saving money in his bank account.
He kept $12,500 in the bank, and after 4 years, the balance in his bank account is
$15,500.
The bank gives simple interest, what is the rate of interest the bank provides per
annum?
A
B
Pa
3 percent per annum
4 percent per annum
с
5 percent per annum
6 percent per annum
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it is from white hat jr am I correct I also want it's answer
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6 percent per annum
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