Question: 1. (10 pt.) Solve the following problems ) (5 pt.) At what annual rate of simple interest will s 500 accumulate to $ 615 in

1. (10 pt.) Solve the following problems ) (5 pt.) At what annual rate of simple interest will s 500 accumulate to $ 615 in 2.5 years? (b) (5 pt.) In how many years will $500 accumulate to $630 at 7.8% annual simple interest

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