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Today at 5:02 AM
Mathematics

Answered

What annual rate of interest would you have to earn on an investment of $5500 to ensure receiving $434.50 interest after one year?
PLEASE HELPPPP

Answer :

smolsara528 smolsara528

Today at 5:06 AM

answer: 0.079 , 7.9%
434.50/5500 = 0.079

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