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Debora [2.8K]
2 years ago
13

Agnes has $1,000 and she wants to have $1,100 accrued after 5 years. what rate does she need to have to meet her goal?

Mathematics
1 answer:
Yuliya22 [10]2 years ago
8 0

Answer:

the formula to use is R = 100I/ PT

Step-by-step explanation:

R = rate, I = interest = $1100, P = $ 1000, T= 5years

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