Answer:
$3456
Step-by-step explanation:
We are given;
- Money deposited (principle) as $2,700
- Rate of interest is 3.5%
- Time is 8 years
We are required to determine the amount that will remain after 8 years
- We first need to determine the interest earned after eight years using the simple interest formula.
Simple interest = (Principle × rate × interest periods) ÷ 100
Therefore;
Interest = ($2,700 × 3.5% × 8 yrs)÷ 100
= $756
Then determine the amount after 8 years
Amount = Principle + Interest
Therefore;
Amount = $2700 + $756
= $3,456
Therefore, the money in the account after 8 years is $3456
11 and 2. When you add them it equals 13. When you multiply it equals 22.
Answer:
243.6
Step-by-step explanation:
Answer:
The fraction is = 
Step-by-step explanation:
In simplest form the fraction is represented in mixed number as
.
The fraction form of the mixed number can be given as :

Let the fraction be =
[As multiplying same numbers to numerator and denominator does not affect the proportion.
Sum of numerator and denominator is = 30
This, can be represented as:

Solving for
.

Dividing both sides by 10.


So, the fraction will be = 
⇒ 