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vfiekz
[6]
4 years ago
13
A bank offers simple interest on a certificate of deposit. Jaime invests $jaime invests $900 and after one year earns $80 in int
erest. What was the interest rate on the certificate of deposit?
Mathematics
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answer:
ycow
[4]
4 years ago
4
0
The answer is about 1.09....
900x=980
980/900
1.088
so about 9%
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