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Mathematics 21 Online
OpenStudy (anonymous):

A deposit of $10,000.00 was made to an account the year you were born. After 12 years, the account had earned $6,600.00 in interest. What simple interest rate did the account earn?

OpenStudy (anonymous):

SI = PxTXR/100 6600=10000x12xR/100R= 5.5%

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