Answer:
The investment amount is approximately $63
Step-by-step explanation:
Formula:-
Simple interest I = PNR/100
P - Principle amount
N - Number of years
R - Rate of interest
It is given that,
To find the amount to be invest
we have,
P = ? N 14 months = 7/6 years and R = 3%
P + PNR/100 = 65
P[1 + NR/100] = 65
P[1 + (7*3)/(6*100)] = 65
P[1 +7/200] = 65
P[207/200] = 65
P = (65*200)/207 62.801 ≈ 63
Therefore the investment amount is approximately $63
Answer:
YES
Step-by-step explanation:
32(2)>19
64>19
TRUE
Answer:
<h2>365/8500*7
<em><u>=</u></em><em><u>0.3005882352941</u></em></h2>
<em><u>1</u></em><em><u>-</u></em><em><u>0</u></em><em><u>.</u></em><em><u>0</u></em><em><u>7</u></em><em><u>/</u></em><em><u>100*</u></em><em><u>7</u></em><em><u>=</u></em><em><u>0.9951</u></em>