Mathematics, 13.10.2019 21:30 uchechukwueigwe
What annual simple interest rate will increase johnson alexander's initial investment of $10,000 to $12,000 in five years? (hint: use the formula i = prt and substitute known values to find i.)
a. 5%
b. 3%
c. 3.5%
d. 4%
Answers: 2
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