5% interest compounded annually for 3 years multiplies the initial balance by
... 1.05^3 = 1.157625
5% simple interest for 3 years multiplies the initial balance by 1 + 3*0.05 = 1.15.
The difference of these multipliers is
... 1.157625 - 1.15 = 0.007625
If the difference in account balance is Rs 61.00, then the invested principal amount P is
... P*0.007625 = 61.00
,.. P = 61.00/0.007625 = 8000.00
The sum of money is Rs 8000.
Answer:$25
Step-by-step explanation:
20% of 125 is $25 dollars so his commission would be $25
X=3 . ok well ur gonna do reverse mathematics so start by subtracting 2 from 17 (bc the oppistite of addition is subtraction) an then rewrite the equation. 5x=15 and then divide 15 by 5 and it equals 3 and then do it all over again meaning put the equation as it was but with the value. 5x3+2=17 and it all makes sense. im so sorry i answered so late i just got this question recommended to me.
Can only answer if you give me the sets
