Question: what simple interest rate to the nearest tenth is needed for 15000 to double in 8 year 2. What simple interest rate, to the nearest

what simple interest rate to the nearest tenth is needed for 15000 to double in 8 year

2. What simple interest rate, to the nearest tenth, is needed for $15,000 to double in 8 years? When $15,000 doubles, it becomes 30.000. This means the account would earn 15,001) in interest. 1-15,000 15000 = 15,000 (8) P- 15,000 15,000= 120,000 t=8 120,000 1201000 r-? 125=r The simple interest rate needed is 12.5 Write the decimal as a percen pr

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