612.4285714285714 is the answer
Answer:
91 used
65 new
Step-by-step explanation:
7 + 5 = 12
156/12 = 13
7(13) = 91
5(13) = 65
Answer:2
Step-by-step explanation:
subtract
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