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pishuonlain [190]
3 years ago
13

Find the annual interest rate if a $5000 investment earns $550 annual simple interest in one year.

Mathematics
1 answer:
vfiekz [6]3 years ago
6 0
11% annual interest rate in one year
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It would actually be -14 because 5+4-2=7 and if you multiply 7 by -2 you get -14

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