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Sonja invests 500 at t = 0) in an account that earns a 6% annual rate of simple interest. At t = 2 she invests

Sonja invests 500 at t = 0) in an account that earns a 6% annual rate of simple interest. At t = 2 she invests an additional amount so that the balance in her account at t = 5 will be 1000. What annual effective interest rate will Sonja's account earn during the fifth year? (A) 4.84% (B) 5.02% (C) 5.20% (D) 5.41% (E) 6.00%

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