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Mathematics 24 Online
OpenStudy (anonymous):

PLEASE HELP ? :/ I'm stuck.. Write your answer using dollars and cents - round up to the nearest tenth of a decimal place - as shown in the example listed below. (Do NOT use the $ sign.) Example: 1.1 Janine opens a savings account with a deposit of $720. It is compounded monthly. If her final balance at the end of one month is $722.04, what is the interest rate?

OpenStudy (cj49):

720 100 722.04 x (cross multiply) 722.04x100/720=?

OpenStudy (anonymous):

Okay! thank you :)

OpenStudy (cj49):

yw c:

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