
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
An investor placed $\$15,000$ in a three-month term deposit that offered a simple annual interest rate of $8\%$. After three months, the total value of the deposit was reinvested in another three-month term deposit. After these three months, the investment amounted to $\$15,735$. Determine the annual interest rate, $s\%$, of the second term deposit.

Present the answer in LaTex format: \boxed{Your answer}
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