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
Answer:
32
Step-by-step explanation:
I did the mathmathics
Answer:
3
Step-by-step explanation:
Correct answer: <span>Dot-and-cross-diagram
</span>
Dot-and-cross diagrams are used to represent covalent bonds. The shared electron from one atom is shown as a dot, while the shared electron from the other atom is shown as a cross.
When drawing dot-and-cross diagrams for covalent bonds, you only need to show the electrons in the highest occupied energy level, as only these are involved.
Total = Principal × ( 1 + Rate ) ^ years
(Solved by taking logarithms)
Years = log (total / principal) / (log (1 + rate))
Years = log (684 / 600) / (log 1.07)
Years = log (1.14) / (log (1.07)
Years = 0.0569048513364726 / 0.0293837776852097
Years = 1.9366077414
