A$6000 investment earns $690 simple interest in two years. what is the annual interest rate?
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Mathematics, 10.10.2019 23:30 Enjay4198
A$6000 investment earns $690 simple interest in two years. what is the annual interest rate?
a.
1.15%
b.
5.75%
c.
11.5%
d.
57.5%
Answers: 3
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