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A $1200 certificate of deposit held for 59 days was worth $1213.37. What simple interest rate was earned? Assume a 360-day year The certificate of
A $1200 certificate of deposit held for 59 days was worth $1213.37. What simple interest rate was earned? Assume a 360-day year The certificate of deposit earned an interest rate of % (Type an integer or decimal rounded to the nearest tenth as needed)
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