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Carly made $10 in interest by placing $500 in a savings account with simple interest for 1 year. What was the interest rate? Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.
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Carly made $10 in interest by placing $500 in a savings account with simple interest for 1 year. Wha...
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