$8,400
Explanation:
Amount repaid each month = $150
Number of Periods for which amount was paid = 10 months
Amount left after 10 months payment = $6900
The total amount paid = $150 × 10 = $1500
Amount left = $6900
Total debt amount:
(Total Amount left + total amount paid )
$(6900 + 1500)
Answer:
3,0
Step-by-step explanation:
Answer:
Principal: $6,166.67
Principal: $5,200.00
Explanation:
<u><em>1. $6000 for 50 days at 20% p.a</em></u>
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In 20% pa, pa means "per annum", i.e. "per year".
Assume simple interest:
Interest:
- Interest = Principal × number of days × annual rate / 360
- Interest = $6,000 × 50 × 20% / 360 = $166.67
Principal = principal + interest = $6,000 + $166.67 = $6,166.67
<u><em></em></u>
<u><em>2. $5000 for 5 months at 0.8% per month</em></u>
Assume, again, simple interest.
- interest: 0.80% per month
Interest:
- Interest = Principal × number of months × montly rate
- Interest = $5,000 × 5 × 0.80% = $200.00
Principal = principal + interest = $5,000 + $200.00 = $5,200
You can see that the accrued interests depend on the principal, the interest rate, and the time.
You would do
(1.1)(80,000,000)=88,000,000
That is the total cars for year two. To find the increase you would do
(1.1)(88,000,000)=96,800,000
Then you would subtract year 2 from year three
96,800,000-88,000,00=8,800,000
That gives you ur answer.
Answer:
ans= 45.6
Step-by-step explanation:
I think the ans is 45.6
I hope it will help u...
