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Isabella deposited $500 into a savings account at a local bank. She earned $27.50 in one year in interest. a. Calculate the simple interest rate

Isabella deposited $500 into a savings account at a local bank. She earned $27.50 in one year in interest. a. Calculate the simple interest rate earned on the account? Give your answer as a percentage. b. Calculate the maturity value of her investment of $500 at the end of 3 years and 6 months

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