1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
arsen [322]
3 years ago
15

#if a sum become rs 6480 in 3 years and rs 7776 in 4 years interest being compounded annually, find the sum and rate of interest

.
solve it
it's urgent​
Mathematics
1 answer:
Andrei [34K]3 years ago
8 0

Answer:

The rate of interest is 20% and the sum is $3,750

Step-by-step explanation:

In order to calculate the sum and rate of interest we would have to make the following calculation:

rate of interest= (sum in 4 years-sum in 3 years)*100/sum in 3 years*1

According to the given data we have the following:

sum in 4 years=$7,776

sum in 3 years=$6,480

Therefore, sum in 4 years-sum in 3 years=$7,776-$6,480=$1,296

Therefore, rate of interest=$1,296*100/$6,480*1

rate of interest=20%

To calculate the sum we would have to make the following calculation:

FV=PV(1+20%)∧3

$6,480=PV(1,20)∧3

PV=$3,750

Sum is $3,750

You might be interested in
Question 7 of 7 (1 point) Question Attempt 3 of 3
Neporo4naja [7]

Answer:

To divide, use / instead of \.

Examples: 1+2, 1/3+1/4, 2^3 * 2^2

(x+1)(x+2) (Simplify Example), 2x^2+2y  x=5, y=3 (Evaluate Example)

y=x^2+1 (Graph Example), 4x+2=2(x+6) (Solve Example)

Step-by-step explanation:

example

3 0
2 years ago
Write the integer from least to greatest. 4, 12, -12, -11
maxonik [38]

Answer:

-12, -11, 4, 12

Step-by-step explanation:

A negative number is less the higher it is, and a positive number is more the higher it is

3 0
2 years ago
A. Explain why the point (100,2) is on the graph.
Crazy boy [7]

Answer:

the log function is the "inverse" function of an exponential function

by definition  log_{a} b = c  then a^{c} = b

in this problem you have log_{10}  100

thus what x solves this ?  10^{x}  = 100  the answer is 10^{2}

thus (100,2)

B) the x intercept is when y = 0

   10^{0} = 1

   x intercept at (1,0)

C) at 100, the curve will hit y = 5000

Step-by-step explanation:

4 0
3 years ago
When you convert 0.63 to a fraction, which of the following could be the first step of the process
Morgarella [4.7K]
To convert 0.63 to a fraction,  do the following:
0.63 \\ =  \frac{0.63}{1} \times  \frac{100}{100} \\ = \frac{0.63 \times 100}{100} \\ = \frac{63}{100}

Answer: 
0.63 =  \frac{63}{100}
5 0
3 years ago
Would someone just answer this right now?
77julia77 [94]

Answer: 2 < x < 7

Step-by-step explanation:

8 0
2 years ago
Other questions:
  • Help me someone anyone anything anybody Suppose you had d dollars in your bank account. You spent $12 but have at least $51 left
    8·2 answers
  • Multiplication using the distributive property practice Hannah homework lesson 25 chapter tonight P 91 question number two in th
    14·1 answer
  • This is easy but i’m having a bad day and this is almost due please help i will give brainliest
    7·1 answer
  • An open-top rectangular box is being constructed to hold a volume of 350 in3. The base of the box is made from a material costin
    15·1 answer
  • Becky has borrowed money from two friends and she wants to pay off her debts. Her debt to one friend is represented by the numbe
    6·2 answers
  • A line is an undefined term because it
    12·2 answers
  • 7. On a map of a local community college, the cafeteria is located at point (-4,3) and the
    11·2 answers
  • Which of the following is a true statement?
    14·1 answer
  • Hii please help i’ll give brainliest
    8·2 answers
  • Simplify each expression by using the Distributive Property and combine like terms to simplify the expression.-2(-x-1)-(x+9)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!