1 . Evaluate 3a - 12 divided by a for a =4 2. Evaluate 3x- 2y , if x= 5 and y =3
1 answer:
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Answer:
4.50 yr
Step-by-step explanation:
I assume that this is compound interest.
The compound interest equation is
You don't give the frequency of compounding, so I assume that it is once per year.
Data:
A = ₹117 000
P = ₹90 000
r = 6 % = 0.06
n = 1
Calculations:
Divide each side by 90 0000
Take the logarithm of each side
log1.3 = tlog1.06
0.1139 = 0.025 31t
Divide each side by 0.025 31
t = 4.50 yr
You can buy your magic carpet in 4.50 yr.