SOLUTION: What annual rate of interest would you have to earn on an investment of 37000 dollars to ensure receiving 2590 dollars interest after one year?
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Question 820090: What annual rate of interest would you have to earn on an investment of 37000 dollars to ensure receiving 2590 dollars interest after one year?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
2590/37000=0.07=7%
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