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3 years ago

Given N is between M and P. If MP = 15 and MN = 6, determine NP

Mathematics

1 answer:

cluponka [151]3 years ago

4 0

Answer:

NP= 9

Step-by-step explanation:

MP = 15

MN = 6

Let NP be x

MN+NP=MP

6+x=15

x=15-6

x=9

The value of NP is 9

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We have been given that in an account an amount of 7,650 is invested at 9.15 percent compounded quarterly for 8 years and 6 months.

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Where, P= principle amount, A= amount after T years, n= period of compounding and r = interest rate (decimal).

Let us substitute our given values in our formula.

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