What simple interest rate is necessary for $850 to be worth $1200 after 15 years? Enter your answer as a percentage, rounded to one decimal place (tenth of a percent) if rounding is necessary. The % symbol is already listed next to the answer box, so do not type the % symbol in your answer.
What simple interest rate is necessary for $850 to be worth $1200 after 15 years? Enter your answer as a percentage, rounded to one decimal place (tenth of a percent) if rounding is necessary. The % symbol is already listed next to the answer box, so do not type the % symbol in your answer.
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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What simple interest rate is necessary for $850 to be worth $1200 after 15 years? Enter your answer as a percentage, rounded to one decimal place (tenth of a percent) if rounding is necessary. The % symbol is already listed next to the answer box, so do not type the % symbol in your answer.
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