Whitney received an academic achievement prize of $3,900 from her college. She deposited this money into a
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Whitney received an academic achievement prize of $3,900 from her college. She deposited this money into a savings account on September 14, 2016. If the interest accumulated on the investment when she withdraws the money on June 11, 2017 was $165.88, calculate the annual rate of simple interest that the savings account was providing her.
Related Book For
Introduction to Real Analysis
ISBN: 978-0471433316
4th edition
Authors: Robert G. Bartle, Donald R. Sherbert
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