119 <answer (check the solution in above pic)
hey friend i hope this answer is helpful
marl as brainliest if i deserve
hey friend i hope this answer is helpful
marl as brainliest if i deserve
All of the following are equivalent fractions except 5/20 8/40 3/15 6/30
2 answers:
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Answer:
He must invest R297 521 today.
Step-by-step explanation:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Banabas must pay his ex-wife an amount of R350 000 in two years’ time.
This means that
Interest rate of 8.15% per annum compounded monthly:
This means that .
Amount he must invest today:
This is P. So
He must invest R297 521 today.