Answer:
The rate of Simple Interest is 6.5 %
Step-by-step explanation:
Given as :
Principal = $ 4000.00
Amount = $ 5300.00
The time period of loan = 5 years
Let The rate of simple interest = R
Now,
From Simple Interest method
Simple Interest =
And , Simple Interest = Amount - Principal
So , Simple Interest = $ 5300.00 - $ 4000.00
Or, Simple Interest = $ 1300
Now, Simple Interest =
So, $ 1300 =
Or, $ 1300 × 100 = $ 4000 × Rate × 5
Or, Rate = 
Or, Rate = 6.5
Hence The rate of Simple Interest is 6.5 % Answer
Answer: salary is a form of payment from an employer to an employee, which may be specified in an employment contract and wages is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.
Step-by-step explanation:
(I am not sure if this is what you are looking for)
7/8 is seven eights, so we can break it into 7 parts.

Hope this helps, have a nice day!
Five minus twenty-four sixths
or
five minus four