A 4-column table with 4 rows. The first column has no label with entries C, D, E, total. The second column is labeled A with ent
2 answers:
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ANSWER
EXPLANATION
The given expression is
We regroup the numerical parts to get;
Now let us simplify the negative numbers.
We now subtract 19 from 42 to get;
We can't simplify further
Hence the simplest form is:
Answer:
He must invest R297 521 today.
Step-by-step explanation:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Banabas must pay his ex-wife an amount of R350 000 in two years’ time.
This means that
Interest rate of 8.15% per annum compounded monthly:
This means that .
Amount he must invest today:
This is P. So
He must invest R297 521 today.