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Sveta_85 [38]
3 years ago
8

What annual rate of interest would you have to earn on an investment of $5500 to ensure receiving $434.50 interest after one yea

r?
PLEASE HELPPPP
Mathematics
1 answer:
Veronika [31]3 years ago
8 0
Answer: 0.079 , 7.9%
434.50/5500 = 0.079
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