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mel1989
 4 years ago
A business invests $10,000 in a savings account for two years. At the beginning of the second year, an additional $3500 is invested. At the end of the second year, the account balance is $15,569.75. What was the annual interest rate?
mel1989
 4 years ago
A business invests $10,000 in a savings account for two years. At the beginning of the second year, an additional $3500 is invested. At the end of the second year, the account balance is $15,569.75. What was the annual interest rate?

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lexussmi12
 4 years ago
Best ResponseYou've already chosen the best response.1So the interest rate is 8.5%

mel1989
 4 years ago
Best ResponseYou've already chosen the best response.0how did you get that answer though

lexussmi12
 4 years ago
Best ResponseYou've already chosen the best response.1http://www.algebra.com/algebra/homework/quadratic/Quadratic_Equations.faq.question.155377.html
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