Jennifer earned $249.60 in 6 1/2 years on a $640 investment. What was the simple interest rate?
2 answers:
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Answer:
The answer is .
Step-by-step explanation:
To solve the inequality, start by solving for the variable .
To solve for the variable , subtract
from both sides. The inequality will look like
.
Then, divide both sides by 6.5 in order to get the variable by itself. The inequality answer will look like
.