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Alekssandra [29.7K]
2 years ago
9

What amount of money must Kurt Blixen invest at 4.75% to have it earn $10,000 in 90 days?

Mathematics
1 answer:
Westkost [7]2 years ago
6 0

Answer:

He have to invest $527.777778 .

Step-by-step explanation:

X : 4.75% = $10,000 : 90

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3 years ago
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Hey there!

A reciprocal might be an unfamiliar vocab word, but the concept is really quite simple.

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So we have:

Reciprocal of 9/10 is 10/9, because 9/10 times 10/9 = 90/90 = 1

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Step-by-step explanation:

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