Mathematics, 12.12.2020 17:00 AceGravity
A savings account is set up so that the simple interest earned on the investment is moved into a separate checking account at the end of each year. If an investment of $4,000 accumulates $1,700 of interest in the checking account after 5 years, what is the simple interest rate on the savings account?
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A savings account is set up so that the simple interest earned on the investment is moved into a sep...
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