Mathematics, 27.10.2020 19:10 mimacapa

Li deposited $17,500 into a bank account that earned simple interest each year. After 2 years, he had earned $2975 in interest. No money was deposited into or withdrawn from the account.

What was the annual interest rate?

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

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