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What is the simple interest rate on a $1150 investment paying $724.50 interest in 14 years? % (round to the nearest tenth of a percent)

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Answer to a math question What is the simple interest rate on a $1150 investment paying $724.50 interest in 14 years? % (round to the nearest tenth of a percent)

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Bud
4.6
48 Answers
the simple interest rate is 4.5%

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