Determine the interest rate earned on a $1,400 deposit when $1,800 is paid back in one year.

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:25 AM

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Determine the interest rate earned on a $1,400 deposit when $1,800 is paid back in one year.

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