Mathematics, 05.05.2020 12:39 lilloser

Dakota had $11,211.20 in a savings account with simple interest. She had opened the account with $8,008 exactly 5 years earlier. What was the interest rate?

Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

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Dakota had $11,211.20 in a savings account with simple interest. She had opened the account with $8,...

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