A sum of 9 000 paid into a bank account for two months 61
Question: A sum of $9, 000 paid into a bank account for two months (61 days) to attract simple interest will produce $9, 020 at the and of the term. Find the interest rate r and the return on this investment.
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question a sum of 9 000 paid into a bank account for two months 61 days to attract simple interest will produce 9 020
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