Camille invested $3,000 into an account that earned annual simple interest. She made no additional deposits or withdrawals, and after 9 years she had earned $1,755 in interest. What was the interest rate of the savings account? :: 3.5% :: 4.25% :: 5.9% : 6,5%

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Camille invested $3,000 into an account
that earned annual simple interest. She
made no additional deposits or
withdrawals, and after 9 years she had
earned $1,755 in interest. What was the
interest rate of the savings account?
:: 3.5%
:: 4.25%
:: 5.9%
:: 6.5%
Transcribed Image Text:Camille invested $3,000 into an account that earned annual simple interest. She made no additional deposits or withdrawals, and after 9 years she had earned $1,755 in interest. What was the interest rate of the savings account? :: 3.5% :: 4.25% :: 5.9% :: 6.5%
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