Answer:
Principal: $6,166.67
Principal: $5,200.00
Explanation:
<u><em>1. $6000 for 50 days at 20% p.a</em></u>
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In 20% pa, pa means "per annum", i.e. "per year".
Assume simple interest:
Interest:
- Interest = Principal × number of days × annual rate / 360
- Interest = $6,000 × 50 × 20% / 360 = $166.67
Principal = principal + interest = $6,000 + $166.67 = $6,166.67
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<u><em>2. $5000 for 5 months at 0.8% per month</em></u>
Assume, again, simple interest.
- interest: 0.80% per month
Interest:
- Interest = Principal × number of months × montly rate
- Interest = $5,000 × 5 × 0.80% = $200.00
Principal = principal + interest = $5,000 + $200.00 = $5,200
You can see that the accrued interests depend on the principal, the interest rate, and the time.
Answer:
it A ;)
Step-by-step explanation:
Answer: 5/3, 2
It’s going up by 1/3 so just add 1/3 to 4/3 for the next term.
1/3 + 4/3 = 5/3
Now add 1/3 to 5/3 for the best term
5/3 + 1/3 = 6/3 = 2
A = 180(n - 2)
a = 180n - 180*2
a = 180n - 360
180n - 360 = a
180n = a + 360
n = (a + 360) / 180
Numerator for fraction above = ( a + 360), denominator = 180
