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29 July, 12:53

if I put 2,200 in my bank and I made no other transactions through out the year and at the end of the year I had 2,260.50 what is my interest rate

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  1. 29 July, 13:08
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    2.75% is the interest rate

    2,200 x 0.0275 = 60.50

    2,200 + 60.50 = 2,260.50
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