Comparing Investments. An amount of money invested for 1 year in a savings account will
Chapter 7, Problem 7.7.42(choose chapter or problem)
Comparing Investments. An amount of money invested for 1 year in a savings account will earn $1,500. That same amount of money invested in a mini-mall development will earn $6,500 interest in a year, because the interest paid is 10% more than that paid by the savings account. Find the rate of interest paid by each investment.
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