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Mathematics, 26.10.2020 23:00 mytime8774

Raul deposited $3000 into a bank account that earned simple interest each year. After 3.5 years, he had earned $262.50 in interest. No money was deposited into or withdrawn from the account.

What was the annual interest rate?

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Raul deposited $3000 into a bank account that earned simple interest each year. After 3.5 years, he...
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