2 years ago

Li deposited $17,500 into a bank account that earned simple interest each year. After 2 years, he had earned $2975 in interest.

Mathematics

1 answer:

Keith_Richards [23]2 years ago

4 0

Answer:

The annual interest rate was $1487.50

Step-by-step explanation:

All you do is 2975 divided by2=1487.50

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