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Mathematics, 20.02.2021 01:00 caitlynnpatton1208

Carter deposited $40,001 in a savings account with simple interest. Three months later, the account held $40,801.02. What was the interest rate?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r
is the interest rate expressed as a decimal, and t is the time in years.

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