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CaHeK987 [17]
2 years ago
15

3. The following expression is given. 2/3 (3/4x-3/2)

Mathematics
1 answer:
ICE Princess25 [194]2 years ago
4 0

Step-by-step explanation:

2/3*3/4x-2/3*3/2

1/2x--1

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John invested $4,500 at 5.5% annual simple interest. His maturity value of his investment was $5,545. How long did John invest t
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John invested the money at simple interest for 4.22 years.

We have,

Invested amount = $ 4500

Rate of interest = 5.5 %

Time = t years

Maturity value = $ 5545

So,

Total interest earned =  $ 5545 - $ 4500 = $ 1045

And,

Simple interest = (Principal × Rate × Time ) / 100

So, Using the mentioned formula,

1045 = ( 4500 × 5.5 × t ) /100

1045 = 45 × 5.5 × t

⇒

t = (1045) / (45 × 5.5)

⇒ t = 4.22 years

Therefore, John invested the money at simple interest for 4.22 years.

Learn more about simple interest here:

brainly.com/question/22621039

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4 0
3 years ago
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At a baseball game, a hamburger costs $2 more than
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