Raul deposited $3000 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 If no money was deposited into or withdrawn from the account, what was

Raul deposited $3000 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 If no money was deposited into or withdrawn from the account, what was the annual interest rate?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 had earned $262.50 in interest. If no money was deposited into or withdrawn f…

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