Find the ordinary interest on $ 1,800 for two months at a rate of 12%
1 answer:
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Answer:
Step-by-step explanation:
Distance = speed × time
A car from Alphaville to Betaville is moving at a speed of sixty-two miles per hour. This means that after two and a half hours, the distance that this car would have covered is
62 × 2.5 = 155 miles
Another car from Betaville to Alphaville is moving at a speed of fifty-seven miles per hour. This means that after two and a half hours, the distance that this car would have covered is
57 × 2.5 = 142.5 miles
A and B represents Alphaville and Betaville as well as the first and second cars. The total distance covered by both cars is
155 + 142.5 = 297.5 miles
The distance between both cars after two and a half hours is
725 - 297.5 = 427.5 miles
Answer:
<h2>8 years</h2>Step-by-step explanation:
Given,
Principal (P) = £ 30000
Simple Interest ( I ) = £ 28800
Rate (R) = 12%
Time (t) = ?
Now,
Hence, It would take 8 years.
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