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3 years ago

9

After leaving her $7500 investment in a simple interest account for three years, Linda earned $1325 in interest. What was the in

terest rate on the account? (Round the answer to one digit after the decimal point.)

1 answer:

Dmitriy789 [7]3 years ago

3 0

R=i/pt
R=(1,325÷(7,500×3))*100
R=5.89%

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