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4 April, 18:17

Jane put all her summer savings of $3000 in a savings account earning

interest compounded annually. At the end of two years, she has $3127.32 in

her account. What was the interest rate? (Round to the nearest percent.)

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Answers (1)
  1. 4 April, 22:13
    0
    the interest rate is 2.08%
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