Find how much should be invested to have $12,000 in 11 months at 6.1% simple interest.
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Given:
The length of the marathon is L= 46,145 yards.
The length covered by terrence is d = 23,561 yrads.
The objective is to find the remaining distance need to cover by terrence.
To calculate the remaining distance, we will use the relation,
On plugging the values in the above relation, we get,
Hence, Terrence needs to run about 23000 yards.