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Fittoniya [83]
2 years ago
13

Jordan invests £700 into his bank account.

Mathematics
1 answer:
bearhunter [10]2 years ago
6 0

Answer:

Jordan will have $ 910.00 after 3 years

Step-by-step explanation

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fgiga [73]

Answer:

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7 0
3 years ago
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Perry borrows $350 at a simple interest rate of 4.5%. Perry pays back the loan in 30 months. How much interest does Perry pay on
Nitella [24]

Answer: the interest on the loan is $39.38

Step-by-step explanation:

The formula for determining simple interest is expressed as

I = PRT/100

Where

I represents interest paid on the loan.

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R represents interest rate

T represents the duration of the loan in years.

From the information given,

P = $350

R = 4.5%

There are 12 months in a year. Converting 30 months into years, it becomes

30/12 = 2.5. so

T = 2.5 years

Therefore

I = (350 × 4.5 × 2.5)/100

I = $39.38

3 0
3 years ago
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4 0
2 years ago
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hodyreva [135]

Answer:

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Step-by-step explanation:

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3 0
3 years ago
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Vitek1552 [10]

Answer:

Step-by-step explanation:

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2 years ago
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