Mathematics

Hadassah Fuller

13 July, 15:45

Giselle deposited $3500 into a savings account for which simple interest is calculated monthly. If her $3500 grew to $3514 after 1 month, what is the yearly interest rate on Giselle's account? A. 0.48% B. 4% C. 0.4% D. 4.8%

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