Let x is the interest rate
$17,500 * 2 * x = <span>$2975
</span>$35,000x = $2,975
x = $2,975/$35,000
<span>x = 0.085
0.085 * 100 = 8.5%
Answer: annual interest rate was 8.5%
</span>
I believe it would just be 102/153.
Answer:
There are equal ratios
Step-by-step explanation:
100/25=4 and 15x4 is 60
100/20=5 and 12x5 is also 60