Bank balance after 15 years is $950
Step-by-step explanation:
- Step 1: Find the simple interest on the principal amount using the formula SI = PRT/100 where Principal (P) = $500, Rate of Interest (R) = 6% and Time(T) = 15 years
⇒ SI = 500 × 6 × 15/100 = $450
- Step 2: Find total amount using the formula Amount = P + SI
⇒ Amount = 500 + 450 = $950
Answer:
4
Step-by-step explanation:
(32 + x)/6=6
Answer: 1.08t and (1+8/100)
Step-by-step explanation:
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