Answer:
9.18
Step-by-step explanation:
<u>Answer:</u>
- $2,800 = Principle + Interest
<u>Step-by-step explanation:</u>
Using PRT/100, let's find the interest.
- => 2,000 x 8 x 5/100
- => 20 x 8 x 5
- => $800
<u>Conclusion: </u>
Therefore, the interest plus principle is 2,000 + 800, which is $2,800.
Hoped this helped.

Answer:
24.2 years
Step-by-step explanation:
The basic formula is I = P * i * t, where I is interest, P is total principal (or profit), i is rate of interest per year, and t is total time in years. I = P * i * t can be rearranged to solve for t: t = I / (i * p).
In this question I = $6400, P = $3200 and i = 8.25%, so we plug in those numbers to get t = 6400 / (0.0825 * 3200), which solves to 24.2424 years.
Answer:
164m (to 3 s.f.)
Step-by-step explanation:
Please see the attached picture for the full solution.