So in a division equation you would take the dividend then divide it by the divisor (which in this case would be the 2) then after you divided you would get your quotient
Answer:
The correct answer is D. 3 % p. a .
Step-by-step explanation:
For the investment offered, Martin is supposed to get $180 as an interest ($6,180 - $6,000).
Now Martin is borrowing $6,000 from the bank to make this investment. He should be charged $180, so that he breaks even on investment.
Thus using the formula:
Interest= Principal × Time ( per annum) ×
; (Here simple and compound interest are same as the sum borrowed is to be charged for a single year)
⇒ 180 =
× 1 × Interest rate
⇒ 180 = 60 × Interest rate
⇒ Interest rate = 3
Thus the correct answer is 3% per annum.
Answer:
u just expand the brackets out and make a linear equation to solve from there
Step-by-step explanation: