SOLUTION: An investor earned $1,662.50 on an investment of $70,000 in 95 days. Find the annual simple interest rate earned on the investment.
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Question 1137010: An investor earned $1,662.50 on an investment of $70,000 in 95 days. Find the annual simple interest rate earned on the investment.
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
how many days are they asking you to use for the year, 360 or 365?
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