A Bank Deposit Paying Simple Interest Grew from an Initial

question 96

Short Answer

A bank deposit paying simple interest grew from an initial sum of $1,000 to a sum of $1,075 in 9 mo. Find the interest rate.
r = __________ %/year

---

Definitions:

Deconstructivist

Deconstructivist architecture is a movement characterized by non-linear processes of design that result in buildings that appear disordered or chaotic, challenging traditional architectural conventions.

Asymmetrical Mass

An architectural or sculptural term denoting a structure or form that lacks symmetry, often resulting in an uneven distribution of visual weight or interest.

Imbalanced Forms

Artistic compositions or structures that deliberately avoid symmetry to create dynamic, often unsettling effects.

Densified Scrap Metal

A process that compacts and consolidates scrap metal to facilitate easier recycling and transportation.