Question

at what percent of per annum will 3000 yeild of intrest of 600 in 3 year​

Answer 1

Answer:

133.3333%/year

Step-by-step explanation:

Answer 2

Answer:

4%

Step-by-step explanation:

The interest rate = r

Given

Yield interest = $\frac{PRT}{100}$

               600 =$\frac{3000 * r * 5}{100}$

                    1 = $\frac{25r}{100}$

                    r = 4%

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