Question: An investment of $4 400 was deposited for 10 months yielding simple interest. The resulting amount was $4 664.00. What monthly simple interest rate was

An investment of $4 400 was deposited for 10 months yielding simple interest. The resulting amount was $4 664.00. What monthly simple interest rate was earned by this investment? Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56% IMontth interest rate = 0.00 % |

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