Answer :-
<h3>
3 years</h3>
step by step explanation:-
Let the time be x
principal = rs 8000
Amount = rs 13824
rate = 20% p.a
A = P(1+r/100)^n
13824 = 8000 ( 1 + 20/100)^n
=> 13824/8000 = (120/100)^n
=> 13824/8000 = (24/20)^n
=> (24/20)³ = (24/20)^n
=> 3 = n
=> n = 3 years
Answer:
z²^30
Step-by-step explanation:
This is it enjoy.
Answer:
becuae he couldent see sorry i had to do that
Answer:
answer is i
Step-by-step explanation:
Given:
treasury bond = 40,000
brokers commission = 600
interest rate = 12$ p.a
interest paid semi-annually, january 1 and july 1.
Since the treasury bond was sold on June 1, its interest revenue will only be equal to 1 month ( June 1 to July 1).
12% / 12 months = 1% per month
40,000 * 1% = 400 interest revenue to be recorded on July 1.
