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Steve put $500 into a saving account.At the end of one year, he had earned $30 in interest.What interest rate was the bank paying?

Steve put $500 into a saving account.At the end of one year, he had earned $30 in interest.What interest rate was the bank paying?
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12 votes
Steve put $500 into a saving account.At the end of one year, he had earned $30 in interest.What interest rate was the bank paying?

asked
User Bikram Karki
by
9.0k points

2 Answers

8 votes
16.6% It mot letting me put it
answered
User Dick Eshelman
by
8.7k points
11 votes
Answer:
16.6%

Hope this helps
answered
User Josedlujan
by
8.9k points
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