MiqcjillibBbr MiqcjillibBbr

15-03-2017
Mathematics

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You put 10000 dollars in a simple interest account at a bank you will earn 1800 dollars in just 4 years what is the annual interest rate for the account

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Aliwohaish12 Aliwohaish12

15-03-2017

R=i/pt=1800/10000*4=0.045*100=4.5%

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