A $2100 certificate of deposit held for 82 days was worth $2131.57. What simple interest rate was earned? Assume 360 days in a year. The certificate of deposit earned an interest rate of ____%.""

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asked Jun 9, 2024 61.0k views

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A $2100 certificate of deposit held for 82 days was worth $2131.57. What simple interest rate was earned? Assume 360 days in a year. The certificate of deposit earned an interest rate of ____%.""

Mathematics
high-school

Parth Trivedi asked

by Parth Trivedi

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i personally believe it’s -5% (this is wrong dont trust me i’m just trying to get points sorry)

Khattam answered Jun 15, 2024

by Khattam

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