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2 answers:
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Answer:
The required amount of interest is $5538.
Step-by-step explanation:
Given : $1,500 invested for 20 days at 6.75%, compounded daily.
To find : The amount of interest ?
Solution :
Applying compound interest formula,
Where, A is the amount
P is the principal P=$1500
r is the interest rate r=6.75%=0.0675 compounded daily
t is the time t=20 days
Substitute the value in the formula,
Therefore, The required amount of interest is $5538.
Answer:
( 8 , 6 )
Step-by-step explanation:
A = ( 2 , 2 ) and C = ( 5 , 4 )
→ Form an equation
and
→ Now solve them
2 + x = 10 and 2 + y = 6
→ Simply find the values
x = 8 and y = 6