Answer:
5.73 years
Step-by-step explanation:
Considering she saved 4.25% in each year of the amount $15000.
So, we have to calculate in what time her saving reaches $1275, if she save each year.
it becomes question of simple interest in which
SI = $1275, Principal P= $5000, time T, rate R = 4.25%
we know SI = PRT/100
1275 = 5000×4.25×T/100
⇒T = 1275×100/(5000×4.25)
⇒ T= 5.73 years
This much, I understand from that
Answer:
900kg/
Step-by-step explanation:
Formula: d = m/v
Given: m = 90, v = 0.1
Sub: d = 90/0.1
Solve: d = 900
Answer:
Michelle's age = 16
Step-by-step explanation:
As we know,
Amount =
where
P = Principal amount
r = rate of interest
t = time
Given ,
P = $1000
r = 4.5 % = 
Now,
Given that Amount reaches more than $2000
⇒
> 2000
⇒
> 2000
⇒
> 2
Now,
we put the value of t from 0 , 1, 2, ..... untill the above equation does not satisfy
Now,
for t = 0
for t = 1
for t = 2
for t = 3
for t = 4
for t = 5
for t = 6
for t = 7
for t = 8
for t = 9
for t = 10

for t = 11
for t = 12

for t = 13

for t = 14
for t = 15
for t = 16
It satisfies at t= 16
∴ we get
Michelle's age = 16