F and U and C and K and then finally U
Answer:
12.5%
Step-by-step explanation:
I warn you, I'm not positive I'm correct.
First I added 8+10+6 and got 24
I divided that by 3 and got 8
I divided 100 by 8 because if you cross multiply 1/8 and x/100 you would get 8x = 100
100 ÷ 8 = 12.5
So I got 12.5%
When calculating accrued interest over several years that compounds annually, you must calculate a new principle each year, adding the accrued interest from the previous year. At the beginning of the new interest period, all the accrued interest is added to the principal which forms a new principle figure that the interest is then counted on.
Answer:
so principal amount is $7862.07
Step-by-step explanation:
Given data
rate = 7*1/4 % = 29/4 %
interest = $190
time = 4 months = 4/12 year
to find out
principal
solution
we know the simple interest formula i.e.
interest = ( principal × rate × time ) /100 ..................1
now put all value rate time and interest in equation 1 we get interest here
interest = ( principal × rate × time ) /100
190 = ( principal × 29/4 × 4/12 ) /100
principal = 190 × 12 ×100 / 29
principal = 7862.068966
so principal amount is $7862.07
