what percentage rate has the bank been paying on the account with simple interest?

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.4: Cicumference And Area Of A Cicle
Problem 46E: A tabletop is semicircular when its three congruent drop-leaves are used. By how much has the tables...
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Tom called his bank today to check on his savings account balance. He was surprised to find a balance of $6600, when he started the account with just $5000.00 8 years ago. Based on this data, what percentage rate has the bank been paying on the account with simple interest?

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