Answer:
compound interest would be,
1495.91
and simple interest would be,
1470
Step-by-step explanation:
compound interest would look like,
1200 x 1.045 x 1.045 x 1.045 x 1.045 x 1.045
and simple interest would look like,
1200 x 0.045 = 54 = 4.5%
54 x 5 = 270
1200 + 270 = 1470
Divide both sides by 3.1 and find g = 20.9/3.1 ≈ 6.7 ≈ 7.
You can estimate this without a calculator by saying 20.9 ≈ 21 and 3.1≈3, then 21/3=7.
In general, be careful with rounding before a calculation, because the rounding errors can be enlarged, messing up the accuracy of your answer. It's best to round only at the end.
Answer: 12
Step-by-step explanation: Since 11 is ruled out, answer is 12 people
Answer:
Amount left = 2040
Step-by-step explanation:
Given that:
Per year salary = 12,000
Amount spent on transport = 10%
Transport = 
= 0.1 * 12000
Transport = 1200
Tax = 5%
Tax = 0.05 * 12000
Tax = 600
Total = 1200 + 600 = 1800
Amount left = 12000 - 1800 = 10200
Food = 80% of remainder
Food = 0.8 * 10200
Food = 8160
Amount left after food = 10200 - 8160 = 2040
Hence,
Amount left = 2040
