Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessaryp = $6205, r = ?, t = 5 months, i = $90.49

A. r = 28.57%
B. r = 1.4%
C. r = 0.04%
D. r = 3.5%


Answer: D

Mathematics

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