24) If the simple interest on $4,000 for 3 years
is $960, then what is the interest rate?

8% annual

Step-by-step explanation:

first find the rate of 1 year. 960/3 = 320.

then find what % of 4,000, 320 is.

8%

coins of silver or gold

step-by-step explanation:

the simplified form is

step-by-step explanation:

we want to simplify the expression,

let us change the middle bar to a normal division sign to obtain,

we multiply the first fraction by the reciprocal of the second fraction to obtain,

we factor to obtain,

we cancel the common factors to get,

we simplify to get,

the correct answer is b