Answer:
3686
Step-by-step explanation:
16-A 18-B 19-D (not 100% sure on 16)
Answer:
9
Step-by-step explanation:
Answer:
After 7.5 years we will have enough money in the account to purchase the car.
Step-by-step explanation:
Amount needed to be saved = $10000
Principal = $6500
So, Simple Interest = $3500
Rate of Interest = 7.5%
= 0.075
Now, Simple Interest = Principal × Rate × Time
⇒ 3500 = 6500 × 0.075 × Time
⇒ 3500 = 487.5 × Time
⇒ Time = 7.18 years ≈ 7.5 years
Hence, after 7.5 years we will have enough money in the account to purchase the car.
Step-by-step explanation:
