Newton currently has a balance of $1,716.18 in an account he has held for 29 years. He opened the account with an initial deposit of $784. What is the simple interest rate on the account?

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http://ncalculators.com/images/formulas/simple-interest-calculation-formula.jpg

that doesnt really help seeing as i need to find the rate

hmmmm, s = prt
solve for "r"

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