omarboulayoune omarboulayoune

13-10-2022
Mathematics

Answered

- The simple interest equation is I = Prt, where I is the interest
-
earned, P is the principal investment, and t is the amount of time
(in years).
Use the formula to solve the problem: If a $5,000 investment earns
$1,57 interest over 18 years, what is the annual interest rate?
% (enter your answer as a percent and do not round)
T=

Answer :

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