Answer:
15
Step-by-step explanation:
It would take 25 years for Birr 500 to quadruple if invested at a rate of 12% simple interest per annum.
<h3 /><h3>Simple interest formula</h3>
Using the simple interest formula A = P(1 + rt) where
- P = princial amount = Birr 500,
- A = final amount = 4P (since it is quadrupled),
- r = rate = 12% = 12/100 = 0.12 and
- t = time to quadruple
<h3 /><h3>Finding the time it takes to quadruple </h3>
Since we require t, making t subject of the formula, we have
t = [(A/P) - 1]/r
Substituting the values of the variables into the equation, we have
t = [(A/P) - 1]/r
t = [(4P/P) - 1]/0.12
t = [4 - 1]/0.12
t = 3/0.12
t = 25 years
So, it would take 25 years for Birr 500 to quadruple if invested at a rate of 12% simple interest per annum.
Learn more about simple interest here:
brainly.com/question/25793394
Answer: x=1/3
Step-by-step explanation:
Step 1: Simplify both sides of the inequality.
3x−1<0
Step 2: Add 1 to both sides.
3x−1+1<0+1
3x<1
Step 3: Divide both sides by 3.
3x/3 <1/3
x/1/3
Answer:
Step-by-step explanation:
we know that
The length of segment B''C'' is equal to the length of segment BC multiplied by the scale factor
step 1
Find the length of segment BC
the formula to calculate the distance between two points is equal to
we have the points
B(1,-3),C(-3,-3)
substitute the values
The segment B''C'' is equal to the segment BC multiplied by the scale factor
The scale factor is 3
so
substitute
