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2 years ago

Calculate the compound interest on investing $8500 for 3 years at 8% annum

Mathematics

1 answer:

pashok25 [27]2 years ago

7 0

Answer:

2040 compound interest

Step-by-step explanation:

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How can 17/20 and 7/4 make a sum of 9/10

Anika [276]

Answer:

the answer is $\frac{35}{20}$

Step-by-step explanation:

You have to find the common denominator in order to get the sum.

multiply 5 to $\frac{7}{4}$ and you get $\frac{35}{20}$

then to double check the sum, subtract it.

$\frac{35}{20}-\frac{17}{20}=\frac{9}{10}$

hope this make sense :/

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2 years ago

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nasty-shy [4]

One square represents 8

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2 years ago

A family is planning a three-week vacation for which they will drive across the country. They have a van that gets 12 miles per

svetoff [14.1K]

Answer:

The family will pay 34722 cents more if they take the van

Step-by-step explanation:

Given

Van = 12 miles per gallon

Sedan = 36 miles per gallon

Distance = 2500 miles

Gas = $2.50 per gallon

First, we need to determine the number of gallons that'll be used by both vehicles

This is done by dividing total distance by number of miles per gallon

$Van = \frac{2500}{12} \ gallon$

$Sedan = \frac{2500}{36}\ gallon$

Next, is to multiply this by the cost of gas per gallon;

This gives the total spendable amount on both vehicles

$Van = \frac{2500}{12} * \$2.50$

$Van = \frac{\$6250}{12}$

$Van = \$520.833$

$Sedan = \frac{2500}{36}* \$2.50$

$Sedan = \frac{\$6250}{36}$

$Sedan = \$173.611$

Next is to get the difference between these amounts

$Difference = \$520.833 - \$173.611$

$Difference = \$347.222$

Multiply by 100 to convert to cents

$Difference = 347.222 * 100 cents$

$Difference = 34722.2 \ cents$

$Difference = 34722\ cents$ (Approximated)

Hence;

<em>The family will pay 34722 cents more if they take the van</em>

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2 years ago

Tatiana [17]

Answer:

Step-by-step explanation:

6 0

9 months ago

Calculate the compound interest on investing $8500 for 3 years at 8% annum​

Calculate the compound interest on investing $8500 for 3 years at 8% annum