What was the annual rate of simple interest offered on a savings of $7106 if the amount of interest earned in 217 days was $181.07? (Round the answer to one decimal place if needed)
What was the annual rate of simple interest offered on a savings of $7106 if the amount of interest earned in 217 days was $181.07? (Round the answer to one decimal place if needed)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What was the annual rate of simple interest offered on a savings of $7106 if the amount of interest earned in 217 days was $181.07? (Round the answer to one decimal place if needed)
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