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Mathematics, 03.02.2020 02:58 duauifja
If you invest money, after a certain period of time you’ll get interest. for example, if you invest $2,000 at 5% annual interest rate, in a year you will have $2,000∙0.05=$100 of annual simple interest in addition to the original amount.
if you invest $300.00 and your annual interest is $27, what is the interest rate?
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