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Mathematics 4 Online
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A bank account has a beginning balance of $560.00. After 6 months, the balance in the account has increased to $572.60. What interest rate is being earned annually on this account? .045% 2.20% 2.25% 4.5%

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PLEASE HELP ME

hfsbvjhvxb:

A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest? 8% 10% 12%

Narad:

Apply the formula Interest rate = (interest/capital)*100

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