SOLUTION: how can you calculate if $4300 yields $1290 in simple interest over 6 years what is the annual rate?

SOLUTION: how can you calculate if $4300 yields $1290 in simple interest over 6 years what is the annual rate?

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Question 735472: how can you calculate if $4300 yields $1290 in simple interest over 6 years what is the annual rate?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
annual interest

The annual rate is 5%

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