Answer:
3.2%
Step-by-step explanation:
The computation of the annual rate of interest is shown below:
As we know that
Simple interest = Principal × rate of interest × time period
($1,857.60 - $1,800) = $1,800 × rate of interest × 1
$57.60 = $1,800 × rate of interest × 1
So, the rate of interest is
= $57.60 ÷ $1,800 × 100
= 3.2%
Hence, the rate of interest on annual basis is 3.2%
Answer:
Step-by-step explanation:
the answer u will get after
Pretty sure it’s the second one
3/2x-4=20
We simplify the equation to the form, which is simple to understand
3/2x-4=20
We move all terms containing x to the left and all other terms to the right.
+2x=+20+4
We simplify left and right side of the equation.
+2x=+24
We divide both sides of the equation by 2 to get x.
x=12
