Answer:
46 years 1 month
Step-by-step explanation:
Let us assume the investment is a simple interest investment
The simple interest formula is
A= P(1+rt)
Given
Principal p= $1400
Rate r= 7.75%= 7. 75/100= 0.0775
Final amount A = $6400
Time t=?
To find the time t let us substitute our values in the simple interest formula
6400= 1400(1+0.0775t)
6400= 1400+108.5t
6400-1400=108.5t
5000= 108.5t
t=5000/108.5= 46.08
t= 46.1 years
It will take approximately 46 years 1 month to get the amount
Answer: The owner reaches at Rs. 56438.28 after 30 years.
Step-by-step explanation:
Since we have given that
Sum = Rs. 17000
Rate of compounded daily = 4%
Number of years = 30 years
So, Using "compound interest formula" we get that :
![A=P(1+\dfrac{r}{n})^{nt}\\\\A=17000(1+\dfrac{0.04}{365})^{365\times 30}\\\\A=17000(1.000109589)^{10950}\\\\A=56438.28](https://tex.z-dn.net/?f=A%3DP%281%2B%5Cdfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D%5C%5C%5C%5CA%3D17000%281%2B%5Cdfrac%7B0.04%7D%7B365%7D%29%5E%7B365%5Ctimes%2030%7D%5C%5C%5C%5CA%3D17000%281.000109589%29%5E%7B10950%7D%5C%5C%5C%5CA%3D56438.28)
Hence, The owner reaches at Rs. 56438.28 after 30 years.
Answer:
5!
Step-by-step explanation:
-40÷5 = -8
Li needs 3 more pieces, an 1 and 1/2 cut into 3 pieces.
Answer:
x=−14
Step-by-step explanation:
I hope this helps you