Answer:
Principal: $6,166.67
Principal: $5,200.00
Explanation:
<u><em>1. $6000 for 50 days at 20% p.a</em></u>
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In 20% pa, pa means "per annum", i.e. "per year".
Assume simple interest:
Interest:
- Interest = Principal × number of days × annual rate / 360
- Interest = $6,000 × 50 × 20% / 360 = $166.67
Principal = principal + interest = $6,000 + $166.67 = $6,166.67
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<u><em>2. $5000 for 5 months at 0.8% per month</em></u>
Assume, again, simple interest.
- interest: 0.80% per month
Interest:
- Interest = Principal × number of months × montly rate
- Interest = $5,000 × 5 × 0.80% = $200.00
Principal = principal + interest = $5,000 + $200.00 = $5,200
You can see that the accrued interests depend on the principal, the interest rate, and the time.
Z^5/8
You can tell this because exponents get added together when multiplying and the fact that the fraction goes down by a multiple of 1/8.
Answer:
Dion needs to add 10% of the solution
Answer:
92
Step-by-step explanation:
= 3200 ÷ 35
= 91.43
round up to nearest whole number
= 92 km
Answer:
50%
Step-by-step explanation:
Actual value - estimated value
Actual value = 24 miles
Estimated value = 36 miles
Estimated value - Actual value
= 36 miles - 24 miles
= 12 miles
% error = change in value / actual value × 100
= 12/ 24 × 100
= 1/2 × 100
= 50%
% error = 50%