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22 April, 11:44

derek deposited 3000 in a simple interest account 3 years ago. he has earned 360 in interest so far what is the interest rate for his account

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  1. 22 April, 11:54
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    4%

    Step-by-step explanation:

    I=Prt (interest rate = principle (rate) (time)

    360 = (3000) (r) (3)

    360=9000

    4%
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