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Gnesinka [82]
3 years ago
9

Raul deposited 3,000 into a bank account that earned simple interest each year after 3.5 years he had earned 262.50 in interest.

If no money was depositied into or withdrawn from the account what was the annual interest rate.
Mathematics
1 answer:
dimulka [17.4K]3 years ago
7 0
The anwser is......................................... 2.5%
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