We have been given that Anil borrows $80 000 to buy a business. The bank gives him a loan, with an interest rate of 2% each year. We are asked to find the total amount paid back by Anil to bank after 10 years.
We will use simple interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
Let us convert 2% into decimal.

We have
and
, so we will get:




Therefore, Anil will pay
to the bank after 10 years.
Answer:
10,000,000,000 × 10^-1, 1/1,000,000,000^-1
Step-by-step explanation:
Im not sure what you are asking
Answer:
answer below :)
Step-by-step explanation:
Isolate the variable by dividing each side by factors that don't contain the variable.
Exact Form:
x=−1−log(3)/7
Decimal Form:
x=−0.07469696…
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