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bagirrra123 [75]
4 years ago
6

3200 dollars is placed in an account with an annual interest rate of 8.25%. To the nearest tenth of a year, how long will it tak

e for the account value to reach 9600 dollars?
Mathematics
1 answer:
Whitepunk [10]4 years ago
3 0

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.

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Khan sold his cycle at loss of 8%.had He sold it for 240 more he would have gained 12%
denpristay [2]

Khan sold his cycle at loss of 8%.had He sold it for 240 more he would have gained 12%. Then cost price is $ 1200 and selling price is $ 1104

<h3><u>Solution:</u></h3>

Assume the cost price be "a"

So the selling price of cycle = a - 8% of a

\text { selling price }=a-\frac{8 a}{100}=\frac{23 a}{25}

Now according to given, had He sold it for 240 more he would have gained 12%

Selling price + 240 = cost price + 12% profit

\frac{23a}{25} + 240 = a + \frac{12a}{100}

\frac{23a + 6000}{25} = \frac{100a + 12a}{100}\\\\92a + 24000 = 112a\\\\20a = 24000\\\\a = 1200

So the cost price is $ 1200

Now the selling price = \frac{23a}{25} = \frac{23 \times 1200}{25} = 1104

So the selling price is $ 1104

7 0
3 years ago
What is the value of the digit 2 in the number 48.52?
IgorLugansk [536]
C. 2/100....
48.52=48+0.50+0.02
Also, 0.02=2/100
Hope it helps!
8 0
2 years ago
A bag contains 16 blue marbles,8 green marbles and 12 red marbles. What is the ratio of blue to green to red marbles in its simp
blsea [12.9K]

Answer:

4:2:3

Step-by-step explanation:

16 blue marbles,8 green marbles and 12 red marbles.

Ratio of blue to green to red

blue:green:red

16:8:12

We can divide each term by 4

16/4:8/4:12/4

4:2:3

4 0
3 years ago
(Awarding brainless) for the first correct answer
Step2247 [10]

Answer:B or A is the answer

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
Which would be the best name for a function that takes the time of day and returns the numbers of coffee sold at a coffee shop?
konstantin123 [22]

Answer:

Coffee(time)

Step-by-step explanation:

A function's output variable will be:

output(input)

So we need to find the input variable and the output variable.

We know that when the time of day changes, we get a certain amount of coffee sold. This means that the amount of coffee sold is directly influenced by the time of day.

The time of day then becomes our input as the coffee sold relies on that number.

That leaves coffee sold as our output!

So the best name for a function in this scenario is Coffee(time).

Hope this helped!

3 0
3 years ago
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