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
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A.
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A. -
B.
C. -
D. -