The ratio of the number of fiction book is 9:4, the different between the number of fiction and non fiction is 245
1 answer:
Answer:
Step-by-step explanation:
The ratio of the number of fiction books is 9:4
the difference between the number of fiction and nonfictionn is 245
so if the number of fiction books = 9x
then the number of nonfiction books = 4x
then difference = 9x-4x = 5x
the difference is given 245
then 5x= 245
x==49
number of fiction books =49×9=441
number of nonfiction books =49×4=196
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Two thousand dollars is invested at 5.5 percent interest compounded
quarterly for 2 years. Then the amount is $ 2230.88
<u>Solution:</u>
Given that Two thousand dollars is invested at 5.5 percent interest compounded quarterly for 2 years
<em><u>The formula for amount using compounded quarterly is given as</u></em>:
Where, "p" is the principal sum
"R" is the rate of interest
"T" is the number of years
Here in this problem,
P = 2000 ; R = 5.5 ; T = 2 years
Plugging in values in formula we get,
On solving we get,
Hence the amount is $ 2230.88