Btorres Btorres

03-02-2018
Mathematics

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Mica opened a bank account that earns simple interest with an initial deposit of 2200. She made no other transactions throughout the year. At the end of the year make ahead $2260.50 in her account. What was the simple interest rate?

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03-02-2018

Luckly i still have my notes and the answer was about 3.1%. I hope this helped.

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