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AveGali [126]
1 year ago
5

A fixed deposit receipt initiallypurchased for #1,500,000 for 4years has a maturity value of #1,300,000. What is the simple inte

rest rate per year?​
Mathematics
1 answer:
Arturiano [62]1 year ago
6 0

Answer:

11 3/13% per annum

Step-by-step explanation:

to find rate= 100×simple interest ÷ (principal ×time)

simple interest=total amount - principal

=1,500,000-1,300,000

=200,000

=200,000 ×100÷ 1,300,000×4

=3 11/13% per annum

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kaheart [24]

Answer:

The answer is about 97.

5 0
2 years ago
I need helping the surface area of this triangular prism. I will mark as Brainliest asap.
ch4aika [34]

Answer:

Area≈61.79

Step-by-step explanation:

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4 0
2 years ago
Cody has $700 in a savings account that pays 4% simple interest. How much will he have in 1 year?
ladessa [460]

Answer:

$ 728

Step-by-step explanation:

Amount of Money Cody has = $700

Simple Interest = 4%

As it is know that interest is always given on annually basis so

Amount of profit he have in one year = Money he have right now * interest

                                                              =700 * 4%

                                                              =700 * \frac{4}{100}

                                                               = $ 28

After one year he will have = total money at that time + Profit

                                              = 700 + 28

                                              = $ 728

3 0
2 years ago
Divide. Write in simplest form.<br> 3/4 divided by 1/8
Kryger [21]

Answer:

when you divide 3/4 by 1/8 you get 6

4 0
2 years ago
I don’t know what the answer to this question is , help
ipn [44]

Answer:

(4, 0)

Step-by-step explanation:

given the 2 equations

y = x - 4 → (1)

- 4x - 6y = - 16 → (2)

substitute y = x - 4 into (2)

- 4x - 6(x - 4) = - 16

- 4x - 6x + 24 = - 16

- 10x + 24 = - 16 ( subtract 24 from both sides )

- 10x = - 40 ( divide both sides by - 10 )

x = 4

substitute x = 4 into (1) for corresponding value of y

y = 4 - 4 = 0

solution is (4, 0)

3 0
3 years ago
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