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Mathematics, 16.10.2020 14:01 papasully1

A deposit of $6,500 was invested and has grown to $8,300 in 5 years. The growth in value was via simple interest, calculated on the basis of the initial investment. Calculate the rate of interest. Give your answer as a percentage to the nearest tenth of a percent.

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A deposit of $6,500 was invested and has grown to $8,300 in 5 years. The growth in value was via sim...
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