Answer:
D) 8
Step-by-step explanation:
12 times 2= 24
24 plus 8 = 32
32 divided by 4
=8
Answer:
The annual rate of interest is 2 %
Step-by-step explanation:
Given as :
The investment amount = $ 3,500
The Interest earn on investment = $ 210
The time period = 3 years
Let The annual interest rate = R
From simple interest method :
Simple Interest =
Or, 210 × 100 = 3500 × R × 3
Or, R =
Or, R = = 2
Hence The annual rate of interest is 2 % Answer
hope this helped :)
