Mrs. Trippehorn opened an account with a deposit of $6,000.
The account earned annual simple interest.
She did not make any additional deposits or withdrawals.
At the end of 5 years, the balance in the account was $8,250.
What is the annual interest rate on the account?
Responses
A 3.3%3.3%
B 5.5%5.5%
C 5.8%5.8%
D 7.5%7.5%