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4 years ago

14

Over the last 4 years, Michael has earned $240 interest on an initial investment of $2,000. What simple annual interest rate is

the bank paying on this account?

2 answers:

Semenov [28]4 years ago

5 0

The simple interest rate was 0.3 or just 3%

zalisa [80]4 years ago

3 0

Answer:

3%

Step-by-step explanation:

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