Answer:
I think it’s parallel
Step-by-step explanation:
Correct me if this is wrong
Answer: (a) $6,600
(b) $28,600
<u>Step-by-step explanation:</u>
Interest (I) = Principal (P) x rate (r) x time (t)
I = 22,000(0.06)(5)
= 6,600
Accrued (A) = Principal (P) + Interest (I)
A = 22,000 + 6,600
= 28,600
The simple interest rate was: 1.25%
Step-by-step explanation:
Simple interest is given by:

Given
Principal amount =$3000
Time = t = 2 years
Interest amount = A = $75
putting the values in the formula

Dividing both sides by 6000

So,
The rate is:
0.0125 * 100 = 1.25%
Hence,
the simple interest rate was: 1.25%
Keywords: Simple interest, percentage
Learn more about interest at:
#LearnwithBrainly
Answer:
36.2
Step-by-step explanation: