Question: The equation, 816 = 600(1 + 9r), represents the amount of money earned on a simple interest savings account. Solve for r. r = 0.04

The equation, 816 = 600(1 + 9r), represents the amount of money earned on a simple interest savings account. Solve for r. r = 0.04 r = 0.14 r = 0.26 r = 0.40

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