Answer:
Step-by-step explanation:
246(.03)= 7.38
246+7.38= $253.38
the equation would be 2[6]+10 however if we were to solve it would have been 2(6)+10 = 22 employees
the percent increase in the price of a gallon of milk from 1985 to 2005 is 59%
Define percent increase
Percent increase can be described as the rise in the value of an item, in this case the value is milk.
Write out the parameters
In 1985 the price of a gallon of milk is $2.20
In 2005 the price is $3.50
Formula for percent increase
new price-old price/new price × 100
Calculate the percent increase
new price= $3.50
old price= $2.20
= 3.50-2.20/2.20
= 1.3/2.20
= 0.59 × 100
= 59%
Hence the percent increase from 1985 t0 2005 is 59%
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The present value of the loan is R576923.
<h3>What is compound interest ?</h3>
Compound interest is giving the current instalment in terms of the total previous amount.
The formula is given by
A = P(1 + r/100)ⁿ.
Where,
A = Amount, P = Principle, r = rate of interest, n = Time in years.
In case the compound if interest is given every two months that is 6 instalments each year the above given formula will be
A = P{ 1 + (r/6)/100 }⁶ⁿ.
According to the given question
Rate(r) = 7.5%
Time(n) = 6 years
The loan will be paid back in 6 years every second month and it is compounded.
∴ No. of instalments = (12 × 6)/2
= 36.
Now each instalments is of R25000
So, The total amount she has to pay back to his father is
= (25000 × 36)
= R900000.
We know compounding every two months is
A = P(1 + r/100)ⁿ
900000 = P{ 1 + (7.6/6)/100 }³⁶
900000 = P{ 1 + 1.25/100 } ³⁶
900000 = P(1.0125)³⁶
900000 = 1.56P
∴ P = 576923.
Learn more about compound interest here :
brainly.com/question/13155407
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Answer:
The plant is responding to the stimulus of the sunlight.