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Sokka invested $500 for 3 years. At the investments maturity, its value was $578. What was the annual simple interest rate? A. 6.2% B. 5.8%

Sokka invested $500 for 3 years. At the investments maturity, its value was $578. What was the annual simple interest rate?

A. 6.2% B. 5.8% C. 4.4% D. 5.2%

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