kammichelle08 kammichelle08

26-03-2021
Mathematics

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You deposit $400 in an account . The account earns $ 16 simple interest in years . What is the annual interest rate? year

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arxmide arxmide

26-03-2021

Answer:

The correct answer is 25.

Step-by-step explanation:

deposit- 400

interest- 16

Rate= deposit divided by interest

400 divided by 16 = 25

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