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adell [148]
2 years ago
9

Kaleb makes an investment at 5.2 percent simple interest. At the end of 1 year, the total value of the investment is $2419.60. H

ow much was originally invested?
Mathematics
1 answer:
Dafna11 [192]2 years ago
3 0
The future amount of the current deposit given that the interest is simple and yearly is computed through the equation,
                                 F = P x (1 + in)
where P is the principal amount, F is the future amount, i is the interest (in decimal form) and n is the number of years.

In this certain problem, we substitute the known values to the equation and solve for P,
                             2419.60 = P x (1 + (0.052)(1)) 
                                       P = 2300
Thus, the initial investment was worth $2,300. 
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In what time will Rs. 5600 amount to Rs. 6720 at 8% per annum?​
Leona [35]

Answer: 2 years

Step-by-step explanation:

If Interest= Principal x rate x time/100; then time is (100 × Interest)/(Principal × Rate)

From the question, old Principal is 5600, new principal =6720, the difference is the interest accrued.

Interest = 6720 - 5600 = Rs 1120

Rate = 8% = 8 ÷ 100 = 0.08

Time = x

Then, slot the values into the formula

Time= 100 x 1120 / 6720 x 8

= 112000/53760

=2.08

Time= 2years

I hope this helps

8 0
3 years ago
What is the value of x? I don’t understand this please help
Monica [59]

Answer:

54

Step-by-step explanation:

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x° = 90° -36° = 54°

The value of x is 54.

3 0
3 years ago
What’s the correct answer for this?
earnstyle [38]

Answer:

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Explanation:

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NOW

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PD = 6

4 0
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Step-by-step explanation:

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