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Solve the equation involving simple interest. If 7500$ grows to 8700$ after four years, find the simple interest rate.

Solve the equation involving simple interest. If 7500$ grows to 8700$ after four years, find the simple interest rate.
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1 vote
Solve the equation involving simple interest.

If 7500$ grows to 8700$ after four years, find the simple interest rate.

asked
User Shadman Anwer
by
8.1k points

1 Answer

4 votes

Explanation:

look it is very easy.

use formula of simple interest

Solve the equation involving simple interest. If 7500$ grows to 8700$ after four years-example-1
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User Wamba
by
8.5k points
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