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After 5 years the simple interest earned on an investment of $3,000 was $645. Find the interest rate.
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After 5 years the simple interest earned on an investment of $3,000 was $645. Find the interest rate.

User Amulllb
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6 votes
The interest rate is $471 per year.
User Dehalion
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7 votes
4.3% thats what the intrest rate would be. hope this helped:)
User Grexis
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