"Trust in the LORD with all your heart and lean not on your own understanding; in all your ways submit to Him, and He will make your paths straight."

— Proverbs 3:5-6

What annual rate of simple interest is earned by an investment of $30,000 if it accumulates $4,550 in interest after twenty-four months?

What annual rate of simple interest is earned by an investment of $30,000 if it accumulates $4,550 in interest after twenty-four months? 

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