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Galina-37 [17]
2 years ago
6

Terry deposits a principal amount of $500 in a savings account that earns an annual rate of a simple interest. if he makes no d

eposits or withdrawals, he will earn $40 in simple interest in 4 years. What is the annual rate of simple interest?
Mathematics
1 answer:
Artist 52 [7]2 years ago
8 0

Answer

$540

Step-by-step explanation:

hopes this helps

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