I believe the answer is 5:6
Answer:
1.333333333
Step-by-step explanation:
Answer:
half of it would be 45
Step-by-step explanation:
120 - 30 = 90
90 divided by 2 = 45
hope this helped! sorry if i didn't answer your question, i was a little bit confused on what you wanted us to solve:)
if u want to find the length of it, it would be 150 because 120 + 30 = 150
Answer:
The loan was for 9 months only
Step-by-step explanation:
In this question, we are concerned with calculating the time taken for a loan om an interest to be paid back
To calculate this, we use the simple interest formula
Mathematically;
I = PRT/100
where P is the principal which is the amount borrowed and that is $500 according to the question
R is the rate which is 8% according to the question
Interest can be calculated by subtracting the principal from the amount paid back = 530-500 = 30$
We now plug these values into the equation
30 = (500 × 8× T)/100
100 × 30 = 4000T
T = 3000/4000
T = 0.75 (same as 0.75 × 12 months = 9 months)
