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serg [7]
3 years ago
12

Please help ASAP!!!!!!

Mathematics
1 answer:
const2013 [10]3 years ago
7 0

Answer:

Step-by-step explanation:

1. 15

2. 40

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Read 2 more answers
p borrowed Rs. 16000 from a person at 12 % per Annum simple interest and lent the whole amount to Q at the same rate of annually
hichkok12 [17]

Answer:

P earned $ 718.85.

Step-by-step explanation:

Given that P borrowed $ 16000 from a person at 12% per annum simple interest and lent the whole amount to Q at the same rate of annually compound interest, to determine how much did he gain after 3 years the following calculation must be performed:

16,000 x 0.12 x 3 = X

1,920 x 3 = X

5,760 = X

16,000 x (1 + 0.12 / 1) ^ 3 = X

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16,000 x 1.404928 = X

22,478.85 = X

22,478.85 - 16,000 = 6,478.85

6,478.85 - 5,760 = X

718.85 = X

Therefore, P earned $ 718.85.

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