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Svet_ta [14]
3 years ago
15

Ritu started a business and borrowed a certain sum at 14% per annum for 1 year, the interest being compounded semi annually. If

she cleared the account by paying ₹1831.84 after one year, find the sum borrowed by ritu​
Mathematics
1 answer:
liubo4ka [24]3 years ago
5 0

Use the formula A = p( 1 + x)^n.

A = 1831.84(1 + 0.14)^6

You can finish.

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4 years ago
On January 2, 2018, Baltimore Company purchased 6,000 shares of the stock of Towson Company at $13 per share. Baltimore did NOT
Leto [7]

Answer:

Answer:

$315,600

EXPLANATION:

OWNERSHIP = 40%

Investment = $182,000                

Share of dividends = 40%*21,000 =8400

Share of income = 40%*75000 = 30000

Increase in share price = $21-$13= $8

                                                                                investment

                                                                  Dr                                        Cr

Investment                                     $182,000

Dividend received                                                                              $8400

Income received                              $30,000

Increase in share price                    $112,000

                                                        324,000                                      

315,600

8 0
4 years ago
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