User TNBossTam uploaded the image
A mathematical equation that shows the annual interest rate in a decimal form. The equation is written in blue text on a light transparent background. The text reads "simple annual interest" and "interest = x*i*t". Below the equation, there is a formula that explains that the interest rate is x = amount borrowed = $600 and the annual rate is 10% + 100 = 0.1. The formula also mentions that the number of years is 3 years.
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. The resolution of this PNG file is 1000 x 841 pixels and it has a file size of 94.01 KB.A mathematical equation that shows the annual interest rate in a decimal form. The equation is written in blue text on a light transparent background. The text reads "simple annual interest" and "interest = x*i*t". Below the equation, there is a formula that explains that the interest rate is x = amount borrowed = $600 and the annual rate is 10% + 100 = 0.1. The formula also mentions that the number of years is 3 years.
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