Respuesta :

sqdancefan

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Answer:

  4%

Step-by-step explanation:

The simple interest formula can be used.

  I = Prt

where r is the annual rate and t is the number of years.

 1/5 = 1·r·5

 (1/5)/5 = r = 1/25 · 100% = 4%

The rate is 4%.

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