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

algebra help Which ordered pairs lie on the graph of the exponential function f(x)=128(0.5)^x. choose all the correct answers (0,1) (1,64) (3,16) (8,0.5)
What is bigger 5/6 or 13/18?
Why dividing by a whole number the same as multiplying by a unit fraction with that number as its denominators?
a sample of oxygen gas (O2) at STP has a mass of 48.0 grams. What is the volume of the gas?
Why did washington want to remain neutral in foreign conflict
A comparison of the actions of the Jacobins during the French Revolution and the actions of the Bolsheviks during the Russian Revolution indicates that revoluti
Even though your movement is not popular with all people, how has it affected religion in the colonies?
HELP PLEASE OR I WILL FAIL MY GRADE!!!!!!!!!!!!!!!!! HURRY PLEASE!!!!!!!!!!!!!!!! Mackenzie and Cara both tried to find the missing side of the right triangle.
Please help me with 17-18
How can you explain x - 0.30x = 8.96?