We have the number here are 3 3/8 and 2 1/6
by using the first method,
multiplying 3/8 with 3/3 and 1/6 with 4/4 we get 9/24 and 4/24 so,
3 9/24 + 2 4/24 = (3+2) and (9/24 + 4/24)
when adding 3 and 2 we get 5 and adding 9/24 and 4/24 we get 13/24
so the answer is 5 and 13/24
0 remainder of 6
Hope this helps
Answer:
22 in year book and 42 in drama
Step-by-step explanation:
there are in the yearbook club well if you slice them in half and give drama club 10 more than year book club
The present value of the loan is R576923.
<h3>What is compound interest ?</h3>
Compound interest is giving the current instalment in terms of the total previous amount.
The formula is given by
A = P(1 + r/100)ⁿ.
Where,
A = Amount, P = Principle, r = rate of interest, n = Time in years.
In case the compound if interest is given every two months that is 6 instalments each year the above given formula will be
A = P{ 1 + (r/6)/100 }⁶ⁿ.
According to the given question
Rate(r) = 7.5%
Time(n) = 6 years
The loan will be paid back in 6 years every second month and it is compounded.
∴ No. of instalments = (12 × 6)/2
= 36.
Now each instalments is of R25000
So, The total amount she has to pay back to his father is
= (25000 × 36)
= R900000.
We know compounding every two months is
A = P(1 + r/100)ⁿ
900000 = P{ 1 + (7.6/6)/100 }³⁶
900000 = P{ 1 + 1.25/100 } ³⁶
900000 = P(1.0125)³⁶
900000 = 1.56P
∴ P = 576923.
Learn more about compound interest here :
brainly.com/question/13155407
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