Answer:
The annual rate of interest is 2 %
Step-by-step explanation:
Given as :
The investment amount = $ 3,500
The Interest earn on investment = $ 210
The time period = 3 years
Let The annual interest rate = R
From simple interest method :
Simple Interest =
Or, 210 × 100 = 3500 × R × 3
Or, R =
Or, R = = 2
Hence The annual rate of interest is 2 % Answer
hope this helped :)
Answer:
Attached is your answer
Step-by-step explanation:
Answer: See explanation
Step-by-step explanation:
Your question isn't clear but let me help out by reframing the question .
Let's say that Mr. Jones bought 5kilograms of flour for $825. To get the price of a kilogram of flour, we will need to divide $825 by 5. This will be:
= $825 / 5
= $165
Therefore, the price of a kilogram of flour will be $165
OMZBCA=MZCAB that the one