This is the concept of commercial arithmetic, to solve for the time taken for loan of $548,048 to earn an interest of 50,000 given an interest rate of 9%. We use the formula:
A=P(1+r/100)^n
Where;
A=Future amount=548,048+50000=$598,048
P=principle
r=rate
n=time
thus;
598,048=548048(1+9/100)^n
1.0912=(1+0.09)^n
getting the logs of both sides
ln 1.0912=n ln1.09
thus
n=(ln 1.0912)/(ln 1.09)
n=1.01 years
The answer is 1 year
Answer: 2880 flowers
Step-by-step explanation:
Since 648 flowers were arranged in 27 large vases, with the same number in each vase, this means that each vase will contain 24 flowers
= 648/27
= 24 flowers
Therefore, the number of flowers needed to fill 120 vases will be:
= 24 × 120
= 2880 flowers
Answer:
x = 6
Step-by-step explanation:
put '3' in where 'y' is :
7x + 2(3) = 48
7x + 6 = 48 subtract 6 from both sides of the equation
7x = 42 divide both sides by 7
x = 6
Answer:
$7.73
Step-by-step explanation:
First you have to find the interest earned in one year, which is 9.66 times 0.10 = 0.966
Next, you have to multiply that product by eight years since the investment was over a span of eight years. That product equals to 7.72800, and if we are speaking in terms of money, we can round it to $7.73
Answer:
Option 1
Step-by-step explanation:
Given in the picture is a right triangle
One leg is x and hypotenuse is 8
The angle opposite leg x is given as 20 degrees
Recall the formula for trignometric ratio

Here opposite side of 20 is x and hypotenuse =8
Hence 
So option I is right.