Wendy is a waitress and has $15,000 to invest, and wishes to gain $4,200 in interest over the next eight years. Approximately

Question

Wendy is a waitress and has $15,000 to
invest, and wishes to gain $4,200 in interest
over the next eight years. Approximately
what is the minimum simple interest rate
Wendy needs to reach her goal?

Kunduz · Accepted Answer

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