Monique wants to buy a $1500 TV in 18 months. She has saved $1300 and deposits this into an account that pays simple interest. What annual rate of interest does she need to get to reach her goal? with all steps please
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Step-by-step explanation:
The answer is in the below.
then to buy a 1500 tv in 18 months
she was deposit = 1300
then she goal to reach is =?
1500×1300×18/100=500×6= 3000
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