Simplewarrior Simplewarrior

28-02-2017
Mathematics

contestada

You invested $2,000 in a simple interest account. The balance after 8 years is $2,720. What is the interest rate?

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BobmcMob BobmcMob

28-02-2017

2000 times (1+x)^8 = 2782

Answer is x times 100

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