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Mathematics, 12.12.2019 03:31 jennybee12331

Sam estimates that it will cost \$16,000 to buy his son a car in 16 years. he currently has $5,500 to deposit in an account. what simple interest rate must his account have to reach a balance of $26,000 in 16 years?

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Sam estimates that it will cost \$16,000 to buy his son a car in 16 years. he currently has $5,500 t...
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