Answer:
she is paying back 9112.5 R.O
Interest paid back is 2,403.95
Step-by-step explanation:
To find the amount, we use the compound interest formula.
This is given as;
A = I( 1 + r/n)^nt
where A is the amount we are trying to calculate
I is money borrowed = 6709
r is the interest rate = 12 1/3% = 37/3 = 12.33% which is same as 12.33/100 = 0.1233
n is the number of times interest is compounded. We have 15 2 months in 2 and a half years
t is the number of years = 2.5
Plugging these values, we have;
A = 6709(1 + 0.1233/15)^(15)(2.5)
A = 6709(1.0082)^(37.5)
A = 9112.95 R.O
Interest is amount - principal( money borrowed)
9112.95 - 6709 = 2403.95
Answer:
384
Step-by-step explanation:
since there are like 4 weeks in a month so u do
96 multiplied by 4 =384
Her present age would be 5 because 4m=m+5 which would then turn into 3m=15 because you would subtract the m from both sides and end up with 3m+15, then you would divide 3 to both sides which would then give u an answer of m=5
A) $94
b) S=8w+54
c) 116=8w+54
-54. -54
62=8w
7.75=w
8 week because she is depositing at the end of the week
