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Factor is it because the numbers begin multiplied are called factor so it will be 3x a factor
Answer:
8.5% interest rate
Step-by-step explanation:
Principle: $4000
Interest rate: x
Time : 5 years
4000( 5 ) ( x ) = Interest
4000x = 1700/5
4000x = 340
x = 0.085 or 8.5% interest rate
<em>Check:</em>
8.5% x 4000 x 5
= 340 x 5
= 1700
