x would equal 2 because:
4 times 5 is 20
4 times 2x is -8x
move over the 8x to the side with the 2x
then you have 10x=20
20/10 equals x=2
Hope this helps :)
Answer:
-4.5/-0.5/0.7/0.3/2.3
Step-by-step explanation:
Answer:
The rate of simple interest for loan was 8%
Step-by-step explanation:
Given
Principal amount = p = $6200
Time = t = 1 year
Amount after interest = $6696
We have to calculate the amount of interest first
So,
Interest amount =I= Amount after interest - principal amount
= 6696-6200
=$496
The formula for simple interest is:
The rate of simple interest for loan was 8%
Keywords: Simple interest, percentage
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