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irinina [24]
2 years ago
9

Mr Parsad places £1007 into a

Mathematics
1 answer:
Nesterboy [21]2 years ago
6 0

Answer:

$ 1,732.04

Step-by-step explanation:

A = $1,732.04

I = A - P = $725.04

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 8%/100 = 0.08 per year.

Solving our equation:

A = 1007(1 + (0.08 × 9)) = 1732.04

A = $1,732.04

The total amount accrued, principal plus interest, from simple interest on a principal of $1,007.00 at a rate of 8% per year for 9 years is $1,732.04.

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solmaris [256]

Answer:

1.

8x + 6y = 28

9x + 3y = 39

Set to equal y.

8x + 6y = 28

6y = -8x + 28

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