John invested the money at simple interest for 4.22 years.
We have,
Invested amount = $ 4500
Rate of interest = 5.5 %
Time = t years
Maturity value = $ 5545
So,
Total interest earned = $ 5545 - $ 4500 = $ 1045
And,
Simple interest = (Principal × Rate × Time ) / 100
So, Using the mentioned formula,
1045 = ( 4500 × 5.5 × t ) /100
1045 = 45 × 5.5 × t
⇒
t = (1045) / (45 × 5.5)
⇒ t = 4.22 years
Therefore, John invested the money at simple interest for 4.22 years.
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Answer:
Line equation
y=0.2727272727272727x−1 Slope 0.27 Intercept -1
Step-by-step explanation:
Answer:
Are we supposed to look at a picture of the graph bec if we are I don’t see it
Step-by-step explanation:
Answer:
No
Step-by-step explanation:
5 × 6 = 30 - 5 = 25
5 × 2 = 10 - 1 = 9
A because your not dividing it by 5 your subtracting 5 from k divided by 2
