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If $500 yields $44.59 in simple interest over 6 years, what is the annual rate?

If $500 yields $44.59 in simple interest over 6 years, what is the annual rate?
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If $500 yields $44.59 in simple interest over 6 years, what is the annual rate?

User Thilina Kj
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1 Answer

1 vote
i believe the answer is I = $ 1,337.40
User Biril
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