According to statistics, a person will devote 37 years to sleeping and watching TV. The number of years sleeping will exceed the
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Since simple interest doesn't involve compounding, the same amount gets added on every year. So, the equation for the simple interest received is 
, where 
is the total interest, 
is the original deposit (or "principal"), 
is the interest rate, and 
is the time passed in years.
Plugging in our values, we can solve for the interest rate:
Plugging in our values, we can solve for the interest rate: