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28 August, 22:50

Mr. Gardener invested $500,000. His annual interest was $40,000. What was the annual interest rate?

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Answers (2)
  1. 28 August, 22:59
    0
    This question repeats itself.
  2. 28 August, 23:12
    0
    12.5% was his interest rate. Divide 500000 by 40000.
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