wickedwill5430 wickedwill5430

20-12-2021
Mathematics

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An account earns simple interest. Find the annual interest rate. I = $60 P = $500 t = 2 years The annual interest rate is %. 10

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Bemirus Bemirus

20-12-2021

Answer:

100

Step-by-step explanation:

A = P(1 + rt)

A = 500(1 + (0.1 × 2)) = 600

A = $600.00

600-500= 100

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