ononyedikzy
ononyedikzy ononyedikzy
  • 20-08-2020
  • Mathematics
contestada

In what time will N400 amount to N512 if the simple interest is calculated at 14% per annum?

Respuesta :

ZJSG09112007
ZJSG09112007 ZJSG09112007
  • 20-08-2020

Answer:

64/7 years

9.143 years

Step-by-step explanation:

[tex]Simple Interest = \\ \frac{Principal \times Rate \times Time}{100} [/tex]

[tex]Time = \frac{simple \: interest \times 100}{Principal \times Rate} [/tex]

[tex]Principal = 400 \\ Rate = 14 \\ Time = \\ simple \: interest = 512[/tex]

Input the values

[tex]Time = \frac{512 \times 100}{400 \times 14} \\ Time = \frac{51200}{5600} \\ [/tex]

[tex]Time = \frac{64}{7} \\ Time = 9.142 \: years \\ best \: answer \: = \frac{64}{7} years[/tex]

Answer Link

Otras preguntas

Lunch for Wesley meant eating a peanut butter sandwich whats the phrase
As Kiev increased its trade and contacts around the region, the most significant result was that
Can someone help please? :) A storage tank holds 235,500 in3 of a chemical. The chemical is dispensed to completely fill 25 identical cylindrical containers, ea
Which points are 3.5 units apart? A.(7.5, 1.2) and (7.5, –2.3) B.(7.5, –3.5) and (7.5, 3.5) C.(7.5, 1.2) and (7.5, 2.3) D.(7.5, –3.5) and (7.5, 7)
the volume of a cylinder is 36 pie cubic units and its height is 4 units. find its lateral area.
What describes the nature of cause and effect in the context of the business cycle?
to implement legislation means to
1. n-3 104, d-16 =-5
What event is most closely associated with the French Revolution
what type of stretch is best included as a part of a warm-up