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Find the annual interest rate I = $24, P = $400, t = 2 years
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1 vote
Find the annual interest rate

I = $24, P = $400, t = 2 years

User Zxcat
by
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2 Answers

5 votes

Answer: 3%

Explanation:

User Ololo
by
8.0k points
4 votes

Answer:

rate = 24*100/(400*2) = 3%

Explanation:

User Simon Brydon
by
7.1k points
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