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34kurt
4 years ago
7

(HELP!!!) Gustavo invests £520 for 6 years in a bank account paying simple interest. At the end of 6 years, the amount in the ba

nk account is £629.20.
Calculate the annual rate of interest.
Mathematics
1 answer:
romanna [79]4 years ago
7 0
629.20/520=1.21
Powerof6V1.21= 1.0323
Rate of interest 3.23
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