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Answer:
Positive
Step-by-step explanation:
Looking for - r/2
Having that negative in front is basically saying
-1 * r/2
Based on where r is it is negative.
-1 × -r thus making the answer going to be positive due to negative × negative = positive
5% interest compounded annually for 3 years multiplies the initial balance by
... 1.05^3 = 1.157625
5% simple interest for 3 years multiplies the initial balance by 1 + 3*0.05 = 1.15.
The difference of these multipliers is
... 1.157625 - 1.15 = 0.007625
If the difference in account balance is Rs 61.00, then the invested principal amount P is
... P*0.007625 = 61.00
,.. P = 61.00/0.007625 = 8000.00
The sum of money is Rs 8000.
991 / 1000 . The decimal is in the thousandths place, so you put it over one thousand
