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Marcus invested $2000 in a bank account earning simple interest. The interest, I, he has after t years at an interest rate r is given by this equation.

l = 2000 rt

After 2 years, the total amount in the account was $2160. What was the annual interest rate?

2 Answers

5 votes

Answer:

4% hope this helps

Explanation:

User Gerald T
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3 votes

Answer:

4%

Explanation:

User Nel
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