books27
books27 books27
  • 03-04-2017
  • Mathematics
contestada

Find the length of time fo $500 to be the interest on $1800 at 6% p.a

Respuesta :

Аноним Аноним
  • 03-04-2017
If it is simple interest,

500 = 1800 x 6/100 x t

500 = 108t

t = 4.63 years



If it is compound interest,

2300 =1800 (1+6/100)^t

t = 4.2067 years

Answer Link

Otras preguntas

how do majority of the boys act in lord of the flies chapter 3​
Which word best describes the writing provess in business writing?
Electrons and protons are particles in an atom with equal but opposite charges. Electrons have a negative charge and protons have a positive charge. What is the
How does the use of various clause types can improve writing
Travis is a participant in the x-games every year, which features events that are high flying and exhilarating to watch or participate in, but also very dangero
How do you factor v² - 16?
in a family of 4 children, what is the probability of having all girls, given that the oldest child is a girl​
Nina is learning about clouds in her science class so she puts the phrase "types of clouds” in a search engine. In which step of a crawler-based search engine i
To get to your school, 25 of the students walk, 13 of the students ride the bus, and the rest come in cars. How many students come to school in cars?
which effect of reduced stress is a social benefit? A.better nutrition B.more sleep C.fewar angry outbursts D.lowered blood pressure ​