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If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to

If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to
asked 164k views
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If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to

asked
User Tijuana
by
8.0k points

1 Answer

7 votes

Answer:

2%

Step-by-step explanation:

answered
User Bhavesh B
by
8.6k points
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