jennnaaa26 jennnaaa26

10-02-2019
Mathematics

contestada

What is the annual interest rate if $7200 is invested for 12 months and earns $855 interest? Please explain! Thank you :)

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kellenernest kellenernest

13-02-2019

The annual interest rate would be 11.88 %
$7200 x 11.88% = $855.36

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