Mathematics, 16.12.2021 16:40 carltonwashington23

Brett deposited $70,000 in a savings account with simple interest, two years later, he had earned $5,600 in interest. What was the interest rate?

1) 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.

Brett deposited $70,000 in a

savings account with simple interest, two years later, he had earned

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