Answer:yes 3x2=6
Step-by-step explanation:
Answer:
it is B
Step-by-step explanation:
Answer:
1.64698 is the correct answer.
Step-by-step explanation:
Answer:
the simple interest rate is 18.00%
Step-by-step explanation:
The computation of the simple interest rate is shown below:
Amount = Principal × (1 + rate)^years
$4,935 = $3,000 × (1 + rate)^3
After solving it, the rate of percentage is 18.00%
Hence, the simple interest rate is 18.00%