Mathematics, 24.02.2021 01:00, shawn20034

An amount of money invested for 1 year in tax-free bonds will earn $ 490. In a certain credit union account, that same amount of money will only earn $280 interest in a year , because the interest paid is 3% less than that paid by the bonds. Find the percent rate of interest paid by the credit union.

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An amount of money invested for 1 year in tax-free bonds will earn $ 490. In a certain credit union...