The annual interest rates earned over the last 3 years were 15%, 27% and 1%. Given this information, what was the average annual interest rate over this period? 0.14333 or 14.333% a. b. 0.21454 or 21.454% C. 0.13835 or 13.835% d. 0.21118 or 21.118%
The annual interest rates earned over the last 3 years were 15%, 27% and 1%. Given this information, what was the average annual interest rate over this period? 0.14333 or 14.333% a. b. 0.21454 or 21.454% C. 0.13835 or 13.835% d. 0.21118 or 21.118%
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 1E
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