Multiple Choice
Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary
-p = $2400, r = ?, t = 4 years, i = $720.00
A) r = 18.9%
B) r = 0.08%
C) r = 13.33%
D) r = 7.5%
Correct Answer:
Verified
Correct Answer:
Verified
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