Sam received $10.50 in interest after placing money in his bank. if the account paid 4% in simple interest and he only left it i
1 answer:
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Answer:
11.86%
7.13%
19.95%
8.97%
Explanation:
interest rate =
(317/181)^ (1/5) - 1 = 11.86%
1080/335)^(1/17) - 1 = .13%
(185,382/48,000)^(1/13) - 1 = 19.95%
(531,618 / 40,353)^(1/30) - 1 = 8.97%