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25 August, 00:52

If your parents put $600 in as their principal, they have it in for 6 years, and the interest is $100, what was the interest rate?

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  1. 25 August, 01:12
    0
    2.77%

    Step-by-step explanation:

    100 = 600 * r * 6

    100 = 3600r

    100/3600 =.027777778

    .027777778 * 100 = 2.7777778

    2.77%
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