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2 years ago

12

Peter invests R4000 for 6years at an interest rate of 16% per annum compounded monthly.calculate the value of the investment at

the end of the six year period

1 answer:

AlexFokin [52]2 years ago

7 0

Answer:

$principle \: \times rate \times time \div 100\%$

4000×16%×6÷100%=3920

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3 years ago

why mathematics is the very important in a small business? is mathematics is helpful to you? explain

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3 years ago

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3 years ago

Which is the rate of change for the interval between 2 and 6 on the x-axis?

nadezda [96]

Answer:

3

Step-by-step explanation:

I think you misses attaching the photo, so please have a look at my photo for your better understanding.

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$\frac{f(b)- f(a)}{b-a}$

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3 years ago

Read 2 more answers

You are working as a sales clerk in a fabric store and need to determine the price on some fabric. The fabric store sells for $6

mariarad [96]

Answer:

$6.10

Step-by-step explanation:

Given the fabric store sells the fabric for $6.97 per yard

Given that a customer buys 7/8 yard of fabric.

Let the cost the customer pays be x then

$1 yard---->6.97$

$\frac{7}{8} yard---->x$

on cross multiplication we get

$x\time 1=6.97\times \frac{7}{8}$

x=6.01

Therefore the amount the customer should pay is $6.01

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3 years ago