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A man earns 112$ interest in one year on an investment of $1400 what is the rate of his interest

A man earns 112$ interest in one year on an investment of $1400 what is the rate of his interest
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A man earns 112$ interest in one year on an investment of $1400 what is the rate of his interest

User Terry Ryan
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$112 / $1400 investment = .08 or 8 Percent interest rate.
User Tim Funk
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