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You put $400 in an account. The account earns $18 simple interest in 9 months. What is the annual interest rate? The annual interest rate is

You put $400 in an account. The account earns $18 simple interest in 9 months. What is the annual interest rate? The annual interest rate is
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You put $400 in an account. The account earns $18 simple interest in 9 months. What is the annual interest rate?

The annual interest rate is

You put $400 in an account. The account earns $18 simple interest in 9 months. What-example-1
asked
User Michael Arrison
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7.5k points

2 Answers

1 vote

Answer: the annual interest rate is 0.06 or 6%

Explanation:

answered
User Sebest
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8.2k points
4 votes
6%. the annual interest rate is 6% or 0.06
answered
User Aaronmarruk
by
8.4k points
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