Yes, if you know that every 1 quart is equal to 4 cups then the ratio is 1:4. To find out how many cups are in 9 quarts, multiply both sides of the ration by 9. The answer would be 9:36, so there are 36 cups in 9 quarts.
The present value of the loan will be = R36,250
<h3>Calculation of the present value</h3>
The principal capital (P) = R25 000
Interest rate for the payment (R)= 7.5%
Time for the payment (T)= 6 years
Therefore simple interest = P×T×R/100
= 25,000×6×7.5/100
= 250×6×7.5
= R11,250
The present value of the loan will be;
= 25,000 + 11,250
= R36,250
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Answer:
2610/10730
2610/10730 = 0.24324324
0.24324324 X 100 = 24.324324
24%