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Mathematics, 25.03.2021 14:00 Kcloughley

Carmen deposited $960 in a savings account with simple interest. Five years later, the account held $1,200. 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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Carmen deposited $960 in a savings account with simple interest. Five years later, the account held...
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