dheepty0103 dheepty0103

02-06-2021
Mathematics

contestada

Mike borrowed a sum of rs 9450 for 5 years at a rate of 6% per year. calculate the total amount that he had to pay.

Respuesta :

02-06-2021

A =?

P= 9456

r = 6% = 0.06

t = 5 yrs

Formula

A= P(1+r)^t

A= 9456×1.06⁵

A = 12646.23

the total amount that he had to pay was 12646 rs

Answer Link

Otras preguntas

A 15 kg mass is moving at 7.50 meters per second on a horizontal, frictionless surface. What is the total work that must be done on the mass to increase it's sp

If a car is towed 12 miles to the repair shop and the tow charge is 3.50 per mile how much does the tow cost

What often happened to African residents of regions that became Rich due to exports of local natural resources

12. Which was a part of the Roman Republic's representative government? citizen assemblies fasces permanent dictators Roman legions

Translate this verbal description into an algebraic expression and then simplify: 60% of the product of one-twelfth y and two-thirds z

tony made 14 liters of punch for the party . his guest drank 9500 mL of the punch . how much punch does he have left over?

What CIA-backed plan did Kennedy inherit from the Eisenhower administration? Cuban Missile Crisis Hungarian Uprising Bay of Pigs Guatemala

The diameter of a u.s quarter is 24.26 millimeters. How long is a line of 37 quarters laid edge to edge?

Why do you need to draw a circle around each seismograph center, using the distance to the epicenter as the radius?

Why was the city of Timbuktu important? A. It was the crossroads of travel from the Atlantic coast to Mecca. B. It was a center of trade, culture, and education