v9cnetuxb6 v9cnetuxb6

22-01-2021
Mathematics

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How do you find the annual interest rate%?
You invest in an up-and-coming company. You deposit $2,000 for one year. At the end of the year you have a balance of $2,169.

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aPerson313 aPerson313

22-01-2021

Srry

Step-by-step explanation:

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Pajaros3 Pajaros3

22-01-2021

2000 = 100%
2169. = 108.45%

2169 x 100 / 2000 = 108.45
108.45 - 100 = 8.45 % is the annual interest rate

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