What annual simple interest rate will increase Jacob Davidson's initial investment of $5,000 to $6,000 in two years?

multiple choice

A) 10%

B) 5%

C) 4%

D) 6%

Question

Nikita

5 November, 01:05

+5

Answers (1)

Know the Answer?

Yareli Stuart · Answer 1

A its 10 percent because of the amount of money he has in his account

What annual simple interest rate will increase Jacob Davidson's initial investment of $5,000 to $6,000 in two years?multiple choiceA) 10%B) 5%C) 4%D) 6%