Answer:
5740
Step-by-step explanation:
1) The accumulated amount after six years and the total interest that Trevor will receive if the interest rate is 4.5% per annum simple interest after 6 years are <u>R25,400</u> and <u>R5,400</u> respectively.
2) The accumulated amount after six years and the total interest that Trevor will receive if the interest rate is 4.5% per annum compound interest after 6 years are<u> R26,045.20</u> and <u>R6,045.20</u> respectively.
<h3>Data and Calculations:</h3><h3>Simple Interest:</h3>
Principal = R20,000
Investment period = 6 years
Interest rate = 4.5%
Simple interest for 6 years = R5,400 ($20,000 x 6 x 4.5%)
Principal + Interest = R25,400 (R20,000 + R5,400)
<h3>Compound Interest:</h3>
Principal = R20,000
Investment period = 6 years
Interest rate = 4.5%
N (# of periods) = 6 years
I/Y (Interest per year) = 4.5%
PV (Present Value) = R20,000
PMT (Periodic Payment) = R0
<u>Results</u>:
FV = R26,045.20
Total Interest = R6,045.2
Learn more about simple and compound interests at brainly.com/question/3575751
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Answer:
x = 2 1/6
Step-by-step explanation:
6 1/4 (x− 2/3 )=9 3/8
Change the mixed numbers to improper fractions
6 1/4 = (4*6+1) / 4 = 25/4
9 3/8 = (8*9 +3) /8 = 75/8
25/4 (x-2/3) = 75/8
Multiply each side by 4/25
4/25*25/4 (x-2/3) = 75/8 *4/25
x-2/3 = 75/25 *4/8
x-2/3 = 3 *1/2
x-2/3 = 3/2
Add 2/3 to each side
x-2/3 +2/3 = 3/2 +2/3
x= 3/2 +2/3
Get a common denominator of 6
x = 3/2 *3/3 + 2/3 *2/2
x = 9/6 + 4/6
x = 13/6
6 goes into 13 2 times with 1 left over
x = 2 1/6
Area is length times width [A=(L)(W)], if we know that the area of the card is 3/10 and the length is 4/5 we can set up the equation 3/10=(4/5)(W) where W is width. Solve for W by deciding both sides by 4/5 and we get that W=3/8. To find the perimeter of the card were have to add up all the sides of the card so 3/8+3/8+4/5+4/5 which equals 47/20
As a general rule, a percentage can be converted to a decimal fraction by dividing the given percentage by 100%.
63 1/3% is equivalent to 190/3% . Dividing this by 100%, we get 190/300, or 19/30.
63 1/3% of 60 is what? To determine this, multiply 60 by 19/30. That comes out to (60)(19)/30, or 2(19), or 38 (answer).
