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JerChris
JerChris JerChris
  • 09-03-2017
  • Mathematics
Answered

Find the annual interest rate. I=$16I=$16, P=$200P=$200, t=2t=2 years

Verified Answer :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 11-03-2017

R=i/pt
R=16/2002=0.04100=4%

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