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Kelli Rae invested $220,000 in a savings account with simple interest. After 10 years, Kelli Rae had $250,000. What is the interest rate on this account?

Kelli Rae invested $220,000 in a savings account with simple interest. After 10 years, Kelli Rae had $250,000. What is the interest rate on this account?
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Kelli Rae invested $220,000 in a savings account with simple interest. After 10 years, Kelli Rae had $250,000. What is the interest rate on this account?

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User Nitarshan
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1 Answer

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Answer:1.36%

Step-by-step explanation:

I just took the exam and my answer was correct.

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User Haribo
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