If you wanted to make $708 by investing $7345 for 6 years in an account that pays simple interest, what interest rate you would need to achieve your goal?
If you wanted to make $708 by investing $7345 for 6 years in an account that pays simple interest, what interest rate you would need to achieve your goal?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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If you wanted to make $708 by investing $7345 for 6 years in an account that pays simple interest, what interest rate you would need to achieve your goal?
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