Lebron loaned $20,000 to his daughter to her buy a house. when she sold the house four years later, she paid him the $20,000 along with an interest of $3,000. what was the annual interest rate? round your answer to two decimal places.

3.75%

Step-by-step explanation:

Given:

Principle amount of loan = $20,000

Interest paid = $3,000

Time of loan = 4 years

Therefore, the annual interest =

or

the annual interest = = $750

Now,

The annual interest rate = tex]\frac{\textup{Interest amount per year}}{\textup{Priciple amount}}\times100[/tex]

or

The annual interest rate = tex]\frac{\textup{750}}{\textup{20,000}}\times100[/tex]

or

The annual interest rate = 3.75%

hello :

70y^8 + 30y^6 = 2 ( 35 y^8 + 15y^6)

the lenght is : 35 y^8

the width is : 15y^6

9 sandwiches per hour

step-by-step explanation:

when we have a rate, we want a 1 in the denominator

27/3 = 9

27 sandwiches/ 3 hours = 9 sandwiches/hour