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katen-ka-za [31]
3 years ago
13

10. What simple interest rate is needed for $15,000 to double in 8 years? Round to the nearest tenth.​

Mathematics
1 answer:
Mrrafil [7]3 years ago
7 0

Answer:

The simples interest rate needed is 12.5%

Step-by-step explanation:

Explanation is in the attachments.

Hope this helps! :)

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Step-by-step explanation:

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