Answer:
The rate of interest is 20% and the sum is $3,750
Step-by-step explanation:
In order to calculate the sum and rate of interest we would have to make the following calculation:
rate of interest= (sum in 4 years-sum in 3 years)*100/sum in 3 years*1
According to the given data we have the following:
sum in 4 years=$7,776
sum in 3 years=$6,480
Therefore, sum in 4 years-sum in 3 years=$7,776-$6,480=$1,296
Therefore, rate of interest=$1,296*100/$6,480*1
rate of interest=20%
To calculate the sum we would have to make the following calculation:
FV=PV(1+20%)∧3
$6,480=PV(1,20)∧3
PV=$3,750
Sum is $3,750
Answer:
Step-by-step explanation:
Answer:
x=0
Step-by-step explanation:
Solve for x.
5(x - 3) + 4(x + 3) = 3(x - 1)
Distribute
5x -15 +4x +12 = 3x-3
Combine like terms
9x -3 = 3x-3
Add 3 on each side
9x -3+3 = 3x-3
9x = 3x
Subtract 3x from each side
9x-3x = 3x-3x
6x =0
Divide by 6
6x/6 = 0/6
x=0
Step-by-step explanation:
what is the condition of loss ?1)sp>mp 2)CP>sp 3) sp>CP 4)mp>sp
