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Juli2301 [7.4K]
3 years ago
12

Show me work and answer for 1241 divided by 43

Mathematics
2 answers:
lbvjy [14]3 years ago
7 0
My school allows a calculator
mr_godi [17]3 years ago
4 0
The answer is 28.86046512....... rounded to the hundredth : 28.86
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In this problem the question asked is what principal should be invested on a rate of interest of 3.6% for 10 years to get the totals amount as 50000$
the formula for compound interest is
A=P*(1+R/100)^T
we shall replace the formula
50000=X*(1+3.6/100)^10
50000=x*(100/100+3.6/100)^10
50000=x*(103.6/100)^10
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50000=1.4242x
50000/1.4242=X
35107.42=X
hope u found this useful
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