-18 - 6k = 1 + 3k
-6k - 3k = 1 + 18
-9k = 19
k = -19/9 or - 2 1/9
Answer:
£11,904
Step-by-step explanation:
Simple interest = PRT/100 where P = initial investment, R = rate and T = time.
So interest on £9600 = 9600*8*3/ 100
= £2304
So the value after 3 years = 9600 + 2304
= £11,904 (answer)
50 divided by 12.5 is 4
4 pages per minute
Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
- Accrued Amount A = $1000000
- Interest rate r = 6% = 0.06
- Compounded monthly n = 12
To determine:
Using the formula


substituting A = 1000000, r = 0.06, t = 45, and n = 12


$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
<span>6 km × 1 hour/(b-4 km) = 12 km × (1 hour/(b+4 km)
6/(b-4) hours = 12/(b+4) hours
6(b+4) = 12(b-4)
6b + 24 = 12b - 48
72 = 6b
b = 12
The boat's speed in still water is 12 km/hour.</span>