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25 July, 18:59

Diana invested $3000 in a saving account for 3 years. she earned $450 in interest over the time period. what interest rate did she earn? use the formula i=prt to find your answers, where i is the interest, p is the principal, r is the rate and t is the time. enter your solution in decimal form rounded to the nearest hundreds

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  1. 25 July, 19:38
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    R=i/pt

    R=450/3000*3

    R=0.05*100=5%
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