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Answer:
<h2>152</h2>Step-by-step explanation:
<h3>let x= 5 and y= 3</h3><h3 /><h3>x + y = 8</h3><h3>5 + 3 = 8</h3><h3 /><h3>xy = 15</h3><h3>5 × 3 = 15</h3><h3 /><h3>x³ + y³ = ?</h3><h3>5³ + 3³ = ?</h3><h3>125 + 27 = 152</h3>
Answer: Simple interest rate = 3%.
Step-by-step explanation: We are given invested amount = $5000.
Number of years of investment = 4 years.
Interest earned = $600.
Simple interest formula.
I = P R T.
Where I is the earned interest, P is the invested amount , R is the rate of interest and T is the time in years.
Plugging values in formula, we get
600 = 5000 × R × 4
600 = 20000R.
Dividing both sides by 20000, we get
0.03 = R.
Multiplying by 100 to convert it in percentage, we get
0.03 × 100 = R
R = 3 %.