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%
What are you supposed to do?
Answer:
Step-by-step explanation:
Answer:
x=6
Step-by-step explanation:
4x+10=34
4x=24
x=6