Answer: $29.70
Step-by-step explanation:
250 times the annual interest (12%) is converted to 250 times .12 = 29.70
Answer:
Step-by-step explanation:
So we know that we have 1000 m in 1 km.
So convert 0.5 km to m we multiply 0.5 by 1000
0.5*1000 = 500
Answer:
Step-by-step explanation:
<u>Given:</u>
- I = 5% = 0.05
- t = 2 years
- Let the sum is x.
<u>Simple interest:</u>
<u>Compound interest:</u>
- CI = x*(1 + 0.05)² - x = 1.1025x - x = 0.1025x
<u>The difference is 230:</u>
- 0.1025x - 0.1x = 230
- 0.0025x = 230
- x = 230/0.0025
- x = 92000
Answer:2x-5
Step-by-step explanation:
