HaileyGividen HaileyGividen

25-04-2020
Mathematics

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The Alalay family opened a savings account with a deposit of $8,000. After 5 years, the account had a balance of $9,700. If the family made no additional withdrawals or deposits, what is the annual simple interest rate on this account?

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Wbrooks6 Wbrooks6

25-04-2020

Answer:

i think its .00294117647059

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