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:
4
Step-by-step explanation:
4 is the intersecting point which states p intersect q giving both tennis and basketball players
Answer:
B
Step-by-step explanation:
r^2 is 0.9997, and after 10 years it'll be 95660
Im pretty sure you are i have done this question before and im pretty sure thats what i put and i got it right. plus just go with your gut
Answer:
718
Step-by-step explanation:
just add the two numbers