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MAVERICK [17]
3 years ago
12

Find the annual interest rate. I= $50 P= $625 t= 4 years

Mathematics
1 answer:
kolezko [41]3 years ago
8 0
$50 = $625 (r)(4), so r =   50 / (4*625) =  0.02.  This is 2% annually.
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