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3 years ago

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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Hello! The answer to your question will be below.

Step-by-step explanation:

Attached below....

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