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How much money should be invested at an annual interest rate of 8% in order to earn $250 of yearly interest?
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3 votes
How much money should be invested at an annual interest rate of 8% in order to earn $250 of yearly interest?

User Juan Aguilar Guisado
by
6.2k points

1 Answer

6 votes
the correct answer would be
"31.25"
Hope this helps!
User Endi Zhupani
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