We have been given that Anil borrows $80 000 to buy a business. The bank gives him a loan, with an interest rate of 2% each year. We are asked to find the total amount paid back by Anil to bank after 10 years.
We will use simple interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
Let us convert 2% into decimal.

We have
and
, so we will get:




Therefore, Anil will pay
to the bank after 10 years.
start at the top and go down one then go to the right and the vice verse
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Answer:
x=15
Step-by-step explanation:
This is an equilateral triangle. That means all sides are equal and all angles are equal
An equilateral triangle has angle measurements of 60 degrees
60 =4x
Divide each side by 4
60/4 = 4x/4
15 =x
Answer:
7%
Step-by-step explanation:
.07x1 is .07, therefore tax rate
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