Answer:
That day Jiao spent $CNY 514.29.
Step-by-step explanation:
Given that Jiao is a Chinese student visiting family in the United States, and she spent $ 79 on dinner for her family one evening, if the exchange rate that day is UDS to CNY = 6.51, to determine approximately how much money did she spend in CNY the following calculation must be performed:
79 x 6.51 = X
514.29 = X
Therefore, that day Jiao spent $ CNY 514.29.
Answer:
Rs 328
Step-by-step explanation:
Find the <u>principal</u> amount invested.
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned
- P = principal
- r = interest rate (in decimal form)
- t = time (in years)
Given:
- I = Rs 320
- r = 5% = 0.05
- t = 2 years
Substitute the given values into the formula and solve for P:
⇒ 320 = P(0.05)(2)
⇒ 320 = P(0.1)
⇒ P = 3200
<u>Compound Interest Formula</u>

where:
- I = interest earned
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = 3200
- r = 5% = 0.05
- n = 1 (annually)
- t = 2 years
Substitute the given values into the formula and solve for I:





Therefore, the compound interest on the same sum for the same time at the same rate is Rs 328.
81.6. Just entered it in a caculator.
Answer: 22.5 as the total and the expression would be
Step-by-step explanation:
the expression would be
7.50 (3) = 22.5