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You deposit $800 in an account that earns simple interest. The difference between the total interest earned after 7 years and the total interest earned after 3 years is $64. What is the annual interest
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You deposit $800 in an account that earns simple interest. The difference between the total interest earned after 7 years and the total interest earned after 3 years is $64. What is the annual interest rate?

User Sam Chan
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User Spuder
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