Answer:
Given: Principal(P) = $ 5000 , T = 3.5 years and R = 5%.
Using the formula of Simple Interest (I) given by;
.......[1] , where P is the Principal amount of money to be invested, R be the rate of interest and T be the time.
Substitute the given values of P , R and T in [1] we have;
Simplify:
An Ending balance is calculated by subtracting cash outflows, interest paid for financing and principal paid on financing.
Ending Balance = $ 5000 + $ 175 = $ 5,175.
Therefore, the ending balance is $ 5,175
According to my calculations the 30% of 570 is 171
10% of 570 is 57
times that by 3 and you get 171
Increased just means +
10739 is the sum
Answer
After 13.15 years the population of both towns will become equal.
Step-by-step explanation:
Population of the city Anville is given by using the compound interest formula
The formula of compound interest
A = p( 1+r/n)^n*t
using this we get
P1 = 16000 (1 +
) ^1*t
Population of the city of Brinker will be
P2 = 11000( 1 + 
) ^1*t
now to make equal population in both towns
P1=P2
16000 (1 +) ^1*t = 11000( 1 + ) ^1*t
t = 13.15 years
Answer:
love you sweety
Step-by-step explanation:
love u sweety sweety
