Mathematics

Mathematics, 16.10.2020 23:01, ChHal3716

A bank account has a beginning balance of $560.00. After 6 months, the balance in the account has increased to $572.60. What interest rate is being earned annually on this account? OPTIONS:

.045%
2.20%
2.25%
4.5%

Rather than just giving me the answer, please explain how you got it. Thank you.

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