Answer:
Step-by-step explanation:
use
i=prt
i=interest
p= principal value
r=rate
t=time
now you want to find time then it will be
t= i/pr
put values
t= 3722/(2000*7.6%)
t= 2 years
calculation is in fraction but your question given you annual interest so time will also be 2 years not in months
|----------------------------------120 m ------------------------------|
|--------------|--------------|--------------|--------------|--------------|
P Q R
Distance from P to R = 120m
120 ÷ 5 = 24m
The distance from Q to R is 24m.
You will lose money. Because $50 to make subtract $45 to sell (50-45) leaves you losing $5.
