Mathematics, 11.02.2020 20:55 lmolmlm5420
Use the formula I=prt to solve.
1. Basil earned $631.40 in 7 years on an investment at a 5.5% simple interest rate.
How much was Basil’s investment?
A. $496
B. $1640
C. $16,400
D. $80,360
2. Jennifer earned $249.60 in 612 years on a $640 investment.
What was the simple interest rate?
A. 3.9%
B. 6%
C. 39%
D. 62.4%
Answers: 2
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Use the formula I=prt to solve.
1. Basil earned $631.40 in 7 years on an investment at a...
1. Basil earned $631.40 in 7 years on an investment at a...
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