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Mathematics, 14.06.2020 13:57 sbm1girl

1.A sum of $9, 000 paid into a bank account for two months (61 days) to attract simple interest will produce $9, 020 at the end of the term. Find the interest rate r and the return on this investment.

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1.A sum of $9, 000 paid into a bank account for two months (61 days) to attract simple interest will...

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