Mathematics, 12.10.2020 01:01, shannonderemer

A deposit of $6,500 was invested and has grown to $8,300 in 5 years. The growth in value was via simple annual interest, calculated on the basis of the initial investment. Calculate the interest rate. Round your answer to the nearest tenth of a percent.
Do NOT round until you have calculated your final answer.

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A deposit of $6,500 was invested and has grown to $8,300 in 5 years. The growth in value was via sim...

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