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OpenStudy (anonymous):
If someone has an account balance of $4,298.55. opening the account 15 years ago with a deposit of $1,987.22. If the interest compounds monthly what is the interest rate on the account? how would i solve this? and what formula do i use?
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OpenStudy (alexwee123):
simple interest?
OpenStudy (alexwee123):
|dw:1337828497907:dw| solve for r
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