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Mathematics, 10.11.2020 22:30 101EXPERIENCE

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 No money was deposited into or withdrawn from the account.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? Enter your answer in the box.

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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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