My final balance after 48 months was $896.00. if i bring back originally put$800.00 into the bank, what was the interest rate?
1 answer:
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Answer:
Step-by-step explanation:
We can use pytho theorem to find X because its a right triangle, so:
a^2 + b^2 = c^2
plug our numbers
1^2 + 1^2 = x^2
simplify
1+1 = x^2
2=x^2
answer = root2