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seriously none helps me in here with my questions wth
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ask your question i will try to answer
shoot your questin sir
ok
After 3 years, Remington earned $390 in simple interest from a CD into which he initially deposited $4,000. What was the annual interest rate of the CD? A. 13% B. 6.5% C. 3.25% D. 9.75%
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Interest=principal.rate.time then just put the values into equation
R=390*100/4000*3=>39/12=3.25%
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