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Madison currently has a balance of $5,503.51 in an account earning simple interest. Nineteen years ago she opened the account with an initial deposit of $3,196. What is the interest rate on the account?
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can some one answer this one
do the I=Prt
5503.51=(3156)(r)(19)
i gt 3.8%
is that right
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I got 9.17 did you multiply the 3156 and 19 and 5503.51/that answer does that make sense?
yeah thank you
do you know about wolfram
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