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olga2289 [7]
3 years ago
14

Find the simple interest earned after 5 years on $1200 invested at 2% annual interest rate

Mathematics
1 answer:
makkiz [27]3 years ago
8 0
Multiply principle by time by rate
1200(.02)(5)
120
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The Rule of 72 is a useful approximation for many interest rates and periods for the time it takes a lump sum to double in value
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Answer:

The number of years to double the lump sum in value is;

N = 72/10 = 7.20

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Step-by-step explanation:

Using the rule of 72 for the approximation:

The formula for rule of 72 is;

Number of years to double = 72/interest rate in percentage

Given;

Interest rate = 10%

The number of years to double the lump sum in value is;

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a square of area is 36 cm squared is cut to make two triangles, A and B. The ratio of area A to area B is 2:1. Work out the dime
weeeeeb [17]

Dimensions of:

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Step-by-step explanation:

It is given that:

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Area=(side)²

36=(side)²

side=6

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2:1

This means that, the area of rectangle A is 24 cm².

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Hence, the dimensions of A are:

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and the dimensions of rectangle B are:

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