Answer:
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Step-by-step explanation:
Answer:
5%
Step-by-step explanation:
Given that:
Principal = $3000
Simple Interest paid = $600
Period = 4 years
Simple interest = principal * rate * time
$600 = $3000 * rate * 4
$600 = $12000 * rate
Rate = $600 /$12000
Rate = 0.05
Hence, simple interest rate paid = (0.05 * 100%) = 5%
Hello,
Please, see the detailed solution in the attached file.
Thanks.
Answer: A and B are the legs and C is the hypotenuse
77/20 = 3.85 <== terminating decimal