Answer:
3.5 %
Step-by-step explanation:
508.75 - 500 = 8.75
8.75 = (500) (r) (0.5)
8.75/250 = (250) (r)/250
.035 = r
Move the decimal two places to the right to get 3.5%.
Hope this helps and best of luck!
Feel free to message me if you need more help! :)
