Answer:
√97
Step-by-step explanation:
I believe it's C.
(Hint: y=mx+b)
M is Slope and B is Y-Intercept.
Answer:
42,000 X 6 % = $2520.00
42,000 x 2 = 84,000
84,000 x 6% = $5,040
Step-by-step explanation:
10 degrees is in a 90 degree angle
90-10 =80
use sin
sin(80)=9/x
get x alone
x=9/sin(80)
It would take 25 years for Birr 500 to quadruple if invested at a rate of 12% simple interest per annum.
<h3 /><h3>Simple interest formula</h3>
Using the simple interest formula A = P(1 + rt) where
- P = princial amount = Birr 500,
- A = final amount = 4P (since it is quadrupled),
- r = rate = 12% = 12/100 = 0.12 and
- t = time to quadruple
<h3 /><h3>Finding the time it takes to quadruple </h3>
Since we require t, making t subject of the formula, we have
t = [(A/P) - 1]/r
Substituting the values of the variables into the equation, we have
t = [(A/P) - 1]/r
t = [(4P/P) - 1]/0.12
t = [4 - 1]/0.12
t = 3/0.12
t = 25 years
So, it would take 25 years for Birr 500 to quadruple if invested at a rate of 12% simple interest per annum.
Learn more about simple interest here:
brainly.com/question/25793394
