CPCP1818
CPCP1818 CPCP1818
  • 02-05-2017
  • Mathematics
contestada

what would the simple interest rate be if you earned $136 on a $1700 investment in one year?

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PHDFlopper
PHDFlopper PHDFlopper
  • 02-05-2017
136/1700=0.08
0.08*100=8
The interest rate would be 8%
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