SOLUTION: Steve put $500 into a savings account.At the end of one year,he earned $30 in interest.What interest rate is the bank paying?
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Question 936851: Steve put $500 into a savings account.At the end of one year,he earned $30 in interest.What interest rate is the bank paying?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
6% interest.
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