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OpenStudy (anonymous):
Larry Klaus withdrew $310.80 simple interest from an account after 4 years. If he invested $1,110.00, how much was his rate of interest?
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OpenStudy (anonymous):
OK whats the interest formula
OpenStudy (anonymous):
A=P(i+1)^n
OpenStudy (anonymous):
(1110+310.8)=1110(i+1)^4
OpenStudy (anonymous):
Now just solve for i!!!
OpenStudy (anonymous):
or dont, lol up to u
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