Answer:
Using the formula:
where
A is the total amount
P is the principal
I is the Simple Interest
As per the statement:
Principal(P) = 5300 rupees.
rate of interest(r) = 6.5% = 0.065
Total amount(A) = 6678 rupees.
Then using above formula we have;
Subtract 5300 both sides we get;
or
We have to find the time period.
Using formula of Simple interest:
where r is the rate of interest (in decimal)
here, r = 6.5% = 0.065
Substitute the given values top find t:
⇒
Divide both sides by 344.5 we have;
Therefore, the time period t in years is 4 years
Assuming this economy is closed: Consumption $6.9 trillion; Government Purchases $11.2 trillion; National Saving $2.3 trillion; Investment $2.3 trillion.
<h3>Gross domestic product</h3>
a. Consumption
Private S = ( Y – T – C )
C = Y - T - Private S
C = $12 - $3.6 - $1.5 =$6.9 trillion
b. Government purchases
Public S = ( T - G )
G = T - Public S
G = $12 - $0.8
G = $11.2 trillion
c and d. National saving and investment
National savings = Public S + Private S
National savings = $0.8 + $1.5
National savings =$2.3 trillion
Investment=Savings=$2.3 trillion
Therefore, Consumption $6.9 trillion; Government Purchases $11.2 trillion; National Saving $2.3 trillion; Investment $2.3 trillion.
Learn more about GDP here:brainly.com/question/1383956
I think the answer is 32x
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For 5x-2y=-6 it is 2.5x+3 and for 15x-6y=-6 is 2.5x-1