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20-01-2022
Mathematics

contestada

Grace made $3,300 in interest by placing $10,000 in a savings account with simple interest
for 3 years. What was the interest rate?

Respuesta :

SufferingLife SufferingLife

20-01-2022

Answer:

11% interest rate

Step-by-step explanation:

3,300 / 3 = 1,100

$1,100 per year

1,100 / 10000

.11 = 11%

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