valorien61 valorien61
  • 03-02-2021
  • Mathematics
contestada

Find the rate if a principal of $1100 earned 1089 interest in 12 years

Respuesta :

sonkroma3
sonkroma3 sonkroma3
  • 04-08-2022

Answer:

8.25

Step-by-step explanation:

interest= principal x time x rate

1089=1100 x 12 x r/100

108900=13200r

r=8.25

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