Answer: 24
Step-by-step explanation:
Amount of bushels of peas collected = 42
Fraction that'll be sent to market = 3/7
Fraction that'll be kept = 1 - 3/7 = 7/7 - 3/7 = 4/7
The number of bushels that'll be kept will be:
= Fraction that'll be kept × Total number of bushels collected
= 4/7 × 42
= 24
Answer:
Step-by-step explanation:
It took 1.9 years to pay back the loan.
<h3>What is Interest ?</h3>
Interest is the amount of money given or received when a certain sum of amount is received as a loan or given or deposited for investment.
It is given that
Principal amount of loan = $ 8000
Interest paid = $ 600
Rate = 4%
Time Period = ?
Assuming Simple Interest has been applied
I = ( P* R* T) /100
600 = ( 8000 * 4 * T ) / 100
60000 = 8000 * 4 * T
T = 1.875 years
T = 1.9 years rounded to 1 decimal
T = 22.5 months
Therefore it took 1.9 years to pay back the loan.
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