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olga55 [171]
1 year ago
8

Tshepo needs R5 000 urgently. He goes to the bank and borrows the money at an interest rate of 28% per annum, compounded monthly

. The amount of money that Tshepo will have to pay the bank in fifteen months' time is​
Mathematics
1 answer:
12345 [234]1 year ago
8 0

Answer:

<u>R8000</u>.

Step-by-step explanation:

First, let's calculate the amount they are going to have to pay the bank after 1 year. It is given by the following expression:

R5 000 * 1.28= R6400

Therefore, they have to pay R6400/12 monthly.

Now, in fifteen months the total amount to pay should be (R6400/12) * 15= <u>R8000</u>.

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Step-by-step explanation:

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2 years ago
Based only on the information given in the diagram, which congruence
professor190 [17]

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8 0
1 year ago
Karrine hit 4 more home runs than half the number of home runs Lu hit. Together they hit 10 home runs. Let x represent the numbe
Andreas93 [3]

Answer:

The number of home runs that Lu hit is 4 and the number of home runs that Karrine hit is 6

Step-by-step explanation:

Let

x ----> represent the number of home runs Lu hit

y ---> represent the number of home runs Karrine hit

we know that

Together they hit 10 home runs

so

x+y=10 ----> equation A

Karrine hit 4 more home runs than half the number of home runs Lu hit

so

y=\frac{1}{2}x+4 ---> equation B

substitute equation B in equation A

x+\frac{1}{2}x+4=10

solve for x

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Find the value of y

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therefore

The number of home runs that Lu hit is 4 and the number of home runs that Karrine hit is 6

5 0
2 years ago
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