Answer:
The rate of interest is 20% and the sum is $3,750
Step-by-step explanation:
In order to calculate the sum and rate of interest we would have to make the following calculation:
rate of interest= (sum in 4 years-sum in 3 years)*100/sum in 3 years*1
According to the given data we have the following:
sum in 4 years=$7,776
sum in 3 years=$6,480
Therefore, sum in 4 years-sum in 3 years=$7,776-$6,480=$1,296
Therefore, rate of interest=$1,296*100/$6,480*1
rate of interest=20%
To calculate the sum we would have to make the following calculation:
FV=PV(1+20%)∧3
$6,480=PV(1,20)∧3
PV=$3,750
Sum is $3,750
You subtract 5 from both sides to get n=8
7/10 is the simplest form of the fraction when you multiply (3/5) by (7/6)
Answer: 1 - 2 = u got this
Step-by-step explanation:
Go to the number next to the one you cannot subtract from, take one away, and add a one in front of the number you cannot subtract from. e.g.
27 1(1)7 the answer would be 9
-8 -8
for your problem the answer would be 1109
