1. Sonya placed $3,000 in a new savings accoun that earns an annual simple interest rate. After eight years of no additional withdrawals or deposits, her balance grew to 150% more tham initial deposit. What was the simple interest rat A= P(1+r+) A. 6% B. 6.25% C. 6.5% ja 87

1. Sonya placed $3,000 in a new savings accoun that earns an annual simple interest rate. After eight years of no additional withdrawals or deposits, her balance grew to 150% more tham initial deposit. What was the simple interest rat A= P(1+r+) A. 6% B. 6.25% C. 6.5% ja 87

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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