Answer:
The rate of interest for the investment is 4.7%
Step-by-step explanation:
Given as :
The interest amount for investment = I = $250
The investment amount = p = $3500
The time period for investment = 18 months = 1.5 years
Let The rate of interest applied = r%
<u>Now, From Compound Interest </u>
Amount = Principal ×
∵ Interest = Amount - Principal
So, I = A - p
Or, A = I + p
Or, A = $250 + $3500
i.e A = $3750
∴ A = p ×
Or, $3750 = $3500 ×
Or, =
Or, 1.071428 = =
Or, 1.047069 =
Or, 1.047069 - 1 =
Or, 0.047069 =
∴ r = 0.047069 × 100
i.e r = 4.7069
So, The rate of interest = r = 4.7%
Hence, The rate of interest for the investment is 4.7% Answer
- 514 + 13 + 47 - 16
- 501 + 47 - 16
- 454 - 16
- 470.
Answer:
where's the image given bro
B: 3m-5
Because 3 times m equals to 3m, 3 times -3 equals -9, then we have 3m-9+4, 3m-5 because -9+4=-5