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attashe74 [19]
2 years ago
12

Suppose a principal amount of $7500 was invested at an interest rate of 6%. How long did it take to reach $10650?

Mathematics
1 answer:
Oliga [24]2 years ago
6 0

Based on the information how long did it take to reach $10650 is 7years.

Given:

Principal=$7,500

Rate=6%

Amount=$10650

Time=?

Simple Interest(SI)=A-P

=$10650-$7500

=$3150

Time=(100×SI)/(p×r)

T=(100×3150)/(7500×6)

T=315,000/45,000

T=7 years

Inconclusion how long did it take to reach $10650 is 7years.

Learn more here:

brainly.com/question/15610358

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Write an equation of the line through the given points<br><br><br>(0, 4), (3, 3)​
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Marilyn has two credit cards, D and E. Card D has a balance of $691. 64, and Card E has a balance of $1,014. 22. The minimum mon
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By using basic concept of percentage we got that minimum payment on Card E is 0.77 than on Card D.

<h3>What is percentage ?</h3>

Percentage is a number or ratio expressed as a fraction of 100.

Here given that

Marilyn has two credit cards, D and E. Card D has a balance of $691. 64, and Card E has a balance of $1,014. 22. The minimum monthly payment on Card D is 3. 57% of the total balance, and the minimum monthly payment on Card E is 2. 51% of the total balance

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Now we can see that minimum balance of Card E is 25.49-24.69=0.77 extra that on D

By using basic concept of percentage we got that minimum payment on Card E is 0.77 than on Card D.

To learn more about Percentage  visit : brainly.com/question/19247356

4 0
2 years ago
Hey I need help with this maths question
irinina [24]

Answer:

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Step-by-step explanation:

2X - 10 = -2

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X = 4

Best regards

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