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%
Answer is 18 degree as per the question
20x?
x = 4
5x - 4 = 4x
- 5x -5x
-4 = -x
*-1 *-1
