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MATH SOLVE
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Mika invested $200 into a certificate of deposit. After 6 months, the balance was $220. What was the...
4 months ago
Q:
Mika invested $200 into a certificate of deposit. After 6 months, the balance was $220. What was the interest rate on the deposit?I = prt20 = (200)(r)(0.5)A. 10%B. 20%C. 40%D. 50%
Accepted Solution
A:
The answer is B. 20% fam.