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You deposit $200 in an account. The account earns $15 simple interest in 3 years. What is the annual interest rate?

You deposit $200 in an account. The account earns $15 simple interest in 3 years. What is the annual interest rate?
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You deposit $200 in an account. The account earns $15 simple interest in 3 years. What is the annual interest rate?

User Werner Lehmann
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1 Answer

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Answer = 4.4%

Solution:
User Energee
by
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