laurenpaget12 laurenpaget12
  • 14-11-2016
  • Mathematics
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Alice earned interest of $120 from an investment of $1000 for two years. What is the rate of simple interest per year

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lex128 lex128
  • 14-11-2016
.06 is your interest rate per year
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sjschwers
sjschwers sjschwers
  • 14-11-2016
it's 6% interest per year. 
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