Wal0EllzdoraOs Wal0EllzdoraOs

14-03-2017
Mathematics

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Item 11 an account earns simple interest. find the annual interest rate. i= $30 p= $250 t= 3 years

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rarrininger rarrininger

14-03-2017

I = P x R x T
30 = 250 x R x 3
30 = 750R
30/750 = 750R/750

R = 0.04
R = 4%

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