Mathematics, 29.10.2020 19:20 myleefaustin
A deposit of $6,500 was invested and has grown to $8,300 in 5 years. The growth in value was via simple annual interest, calculated on the basis of the initial investment. Calculate the interest rate.
Round your answer to the nearest tenth of a percent.
Do NOT round until you have calculated your final answer.
Answers: 3
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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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