pleaseeee someone help meeeee

Question

Giselle invested $10,000 into a savings account that earns annual simple interest. After 8 years, the total amount of her account was

$14,800. Assuming that Giselle made no other deposits or withdrawals

over the 8 years, find the interest rate of the account.

Answer 1

$4,800 in 8 years is $600 per year interest

$600/$10,000 =6/100 = .06 = 6% simple interest (no compounding)