SOLUTION: A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest?

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Question 902642: A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
112%2F1400+=+I = .028 0r 2.8%