wwwamirjutt0324 wwwamirjutt0324
  • 19-10-2018
  • Mathematics
contestada

at what rate of interest would rs 1800 amount to rs 2500 in 2 years

Respuesta :

sarshaly
sarshaly sarshaly
  • 19-10-2018

Interest formula: A = P(1 + rt)

Solving for r (Rate): r = (1/t)(A/P - 1)

Rate = (1/2)(2500/1800 - 1) = (1/2)(25/18 - 1) = (1/2)(7/18) = 7/36 ≈ 0.194

Rate = 0.194% per annum

Answer Link

Otras preguntas

what is 25-13 divided by 6?
What important discovery did Columbus make about the winds?
simplify. 5x^3 - 2x^2+ x + 4x^3
Which of the following had the most negative effect on Oklahoma during the period of exploration: Spanish, French, or Americans? How would each of these have cr
Think about the function f(x) = 10 - x^3. What is the output variable or quantity?
The element oxygen has three occurring isotopes, with 8,9,10 neutrons in the nucleus, respectively. Write the full chemical symbols for these three isotopes .
Need an answer now please
is (1, 1) a solution to 3y=2x+1
what is 28,550,000,000 rounded to the nearest billion thanks for the help
Why and what happened on 9/11 essay