Answer: Rs. 11,520
Step-by-step explanation:
As the method of compounding is not stated, the default of simple interest will be used.
Simple interest is a fixed amount that is paid over the course of the loan and is based on the original amount borrowed.
Formula is:
Amount owed = Amount borrowed * ( 1 + rate * time)
= 8,000 * ( 1 + 8% * 5.5 years)
= 8,000 * 1.44
= rs 11,520
Answer:
14%
Step-by-step explanation:
A way I usually do it is with a fraction setup.
280/2000 = ?/100
multiply 280 by 100, and you get 28000. divide this by 2000, and you get 14!
Since the stadium is 6 mi from the practice field which is itself 1 mi from the house, it can either be (1+6)=7 mi North or (1-6)=-5 -> 5 mi South depending on the North/South direction.
the answer is thus A
Answer:
200 + 50x = 450
Step-by-step explanation:
So, 200 + 50x = 450
50x = 450-200 = 250
X = 250/50
X = 5
Check:
200 + 50(5)
= 200 + 250 = 450.
