Question
Aster invested $790 for 5 years. At the investment's maturity, its value was $1090.20. What was the annual simple interest rate?
Aster invested $790 for 5 years. At the investment's maturity, its value was $1090.20. What was the annual simple interest rate?
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
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