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2 years ago

10

A bank offers simple interest loans at an interest rate of 6% per year. How much interest will you pay if you borrow.$1,200 for

3 years?

1 answer:

kenny6666 [7]2 years ago

7 0

Answer:

$216

Step-by-step explanation:

6% of 1200 = 72

72x3=216

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What sum will amount to rupees 4000 in 3 years at 6% p.a. compound interest

natali 33 [55]

Answer:

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline{\color{purple}{Given:}}}}}}}\end{gathered}$

⇢ Principle = Rs.4000
⇢ Rate = 6%
⇢ Time = 3 year

$\begin{gathered}\end{gathered}$

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline{\color{purple}{To Find:}}}}}}}\end{gathered}$

⇢ Amount

$\begin{gathered}\end{gathered}$

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline{\color{purple}{Using Formula:}}}}}}}\end{gathered}$

${\dag{\underline{\boxed{\sf{Amount ={P{\bigg(1 + \dfrac{R}{100}{\bigg)}^{T}}}}}}}}$

$\dag{\underline{\boxed{\sf{Compound \: Interest = Amount- Principle }}}}$

$\begin{gathered}\end{gathered}$

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline{\color{purple}{Solution:}}}}}}}\end{gathered}$

${\bigstar \:{\underline{\pmb{\frak{\red{Firstly,Finding \: the \: Amount }}}}}}$

$\quad {:\implies{\sf{Amount = \bf{P{\bigg(1 + \dfrac{R}{100}{\bigg)}^{T}}}}}}$

Substituting the values

$\quad {:\implies{\sf{Amount = \bf{4000{\bigg(1 + \dfrac{6}{100}{\bigg)}^{3}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4000{\bigg(1 \times 100 + \dfrac{6}{100}{\bigg)}^{3}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4000{\bigg( \dfrac{100 + 6}{100}{\bigg)}^{3}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4000{\bigg( \dfrac{106}{100}{\bigg)}^{3}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4000{\bigg({\cancel{\dfrac{106}{100}}{\bigg)}}^{3}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4000{\bigg( \dfrac{53}{50}{\bigg)}^{3}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4000{\bigg( \dfrac{53}{50} \times \dfrac{53}{50} \times \dfrac{53}{50}{\bigg)}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4000{\bigg( \dfrac{148877}{125000}{\bigg)}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4000 \times \dfrac{148877}{125000}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4{\cancel{000}} \times \dfrac{148877}{125{\cancel{000}}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{\dfrac{148877 \times 4}{125}}}}}$

$\quad {:\implies{\sf{Amount = \bf{\dfrac{595508}{125}}}}}$

$\quad {:\implies{\sf{Amount = \bf{\cancel{\dfrac{595508}{125}}}}}}$

$\quad {:\implies{\sf{Amount = \bf{4764.064}}}}$

$\begin{gathered} \dag{\boxed{\textsf{\textbf{\underline{\color{green}{Amount = {Rs.4764.064}}}}}}}\end{gathered}$

Hence, The Amount is Rs.4764.064

$\begin{gathered}\end{gathered}$

${\bigstar \:{\underline{\pmb{\frak{\red{ Now,Finding \: The \: Compound \: Interest }}}}}}$

$\quad{: \implies{\sf{Compound \: Interest = \bf{Amount- Principle }}}}$

Substituting the values

$\quad{: \implies{\sf{Compound \: Interest = \bf{4764.064- 4000 }}}}$

$\quad{: \implies{\sf{Compound \: Interest =\bf{764.064}}}}$

$\begin{gathered} \dag{\boxed{\textsf{\textbf{\underline{\color{green}{Compound Interest = Rs.764.064}}}}}}\end{gathered}$

Henceforth,The Compound Interest is Rs.764064

$\begin{gathered}\end{gathered}$

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline{\color{purple}{Learn More:}}}}}}}\end{gathered}$

$\begin{gathered}\begin{gathered}\begin{gathered} \dag \: \underline{\bf{More \: Useful \: Formula}}\\ {\boxed{\begin{array}{cc}\dashrightarrow {\sf{Amount = Principle + Interest}} \\ \\ \dashrightarrow \sf{ P=Amount - Interest }\\ \\ \dashrightarrow \sf{ S.I = \dfrac{P \times R \times T}{100}} \\ \\ \dashrightarrow \sf{P = \dfrac{Interest \times 100 }{Time \times Rate}} \\ \\ \dashrightarrow \sf{P = \dfrac{Amount\times 100 }{100 + (Time \times Rate)}} \\ \end{array}}}\end{gathered}\end{gathered}\end{gathered}$

8 0

3 years ago

A local company employs a varying number of employees each year, based on its needs. The labor costs for the company include a f

djyliett [7]

The answer is C
First you subtract 44,604 from 1,715,760 to get 1,671,156 then you divide 1,671,156 by 27,396 to get 61 people

4 0

3 years ago

What is the measure in radians for the central angle of a circle whose radius r = 4 cm, and intercepted arc length s = 1.2 cm? E

rodikova [14]

Answer:

17.1972degrees

Step-by-step explanation:

length of an arc = theta/360 * 2πr

Substitute the given angle;

1.2 = theta/360 * 2(3.14)(4)

1.2 = theta/360 * 25.12

1.2/25.12 = theta/360

0.04777 = theta/360

theta = 360 * .04777

theta = 17.1972

Hence the required angle is 17.1972degrees

6 0

3 years ago

How do you solve the inequality 6y+3> -18x

Alex17521 [72]

$6y + 3 \ \textgreater \ - 18 x$

Subtract 3 from both sides:

$6 y + 3 - 3 \ \textgreater \ - 18 x - 3$

$6y \ \textgreater \ - 18 x - 3$

Dividade both sides by 6 :

$\frac{6y}{6} \ \textgreater \ \frac{-18x-3}{6}$

$y \ \textgreater \ \frac{-18x-3}{6}$

hope this helps!

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2 years ago

What is the domain and range for:<br> y = arcsin(tanx)

Semmy [17]

The graph looks like this, on the enclosed pic:
One feature is that it's periodic and torn (has cut-off points), meaning the domain is the same as in case of tan(x): x€R and x =/= π/2+πn.
The range equals the range of arcsin(x): -π/2<=y<=π/2 OR y€[-π/2;π/2]
Hope could understand and if it helped! :)

7 0

3 years ago