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 = $6205, r = ?, t = 5 months, i = $90.49
A) r = 3.5%
B) r = 1.4%
C) r = 0.04%
D) r = 28.57%
Correct Answer:
Verified
Correct Answer:
Verified
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