3 years ago

Work out the balance for £5000 invested for 5 years at 7% per annum

1 answer:

7 0

Given:
Principal : 5,000
Interest rate : 7% per annum
Term : 5 years

Simple interest is computed by multiplying the principal, the interest rate, and the term.

Simple Interest = Principal * interest rate * term

S.I. = 5,000 * 7% * 5years
S.I. = 350 * 5 years
S.I. = 1,750

An investment of 5,000 will earn a total of 1,750 within 5 years at 7% per annum.

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Write a unit rate for the situation. 1080 miles on 15 gallons <br> Miles per gallon

MissTica

Answer:

72 miles / gallon

Step-by-step explanation:

1080/15 = x/1

1080 / 15 = 72

72 miles on 1 gallon

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-Chetan K