Answer: a. $2700
b. $10200
Step-by-step explanation:
a. The interest she would have earned at the end of the 6 years can be gotten using the formula
= PRT/100
= $7500 × 6% × 6
= $7500 × 6/100 × 6
= $7500 × 0.06 × 6
= $2700
b. Her balance when she wants to withdraw the money would be:
= $7500 + $2700
= $10200
Answer:
The percentage rate per annum is 2.8%
Step-by-step explanation:
We need to multiply the principal by the time, then divide the interest by the product of P×T, so:
1,600 × 5 = 8,000
224 ÷ 8,000 = 0.028
Then we convert our final product to a percentage.
0.028 to a percent is 2.8%
I think it is B, but I'm not fully sure.
Make the fractions improper:
33/4 + 14/5
Find common denominator:
165/20 + 56/20
Add:
221/20
Answer:
11 1/20
Answer:
cp = rs 400
loss = 10%
Then SP = 400 - 10% of 400
= 400 - 40
= 360
Therefore SP = Rs. 360