dheepty0103
dheepty0103 dheepty0103
  • 02-06-2021
  • Mathematics
contestada

Mike borrowed a sum of rs 9450 for 5 years at a rate of 6% per year. calculate the total amount that he had to pay.

Respuesta :

Ankit
Ankit Ankit
  • 02-06-2021

A =?

P= 9456

r = 6% = 0.06

t = 5 yrs

Formula

A= P(1+r)^t

A= 9456×1.06⁵

A = 12646.23

the total amount that he had to pay was 12646 rs

Answer Link

Otras preguntas

Suppose that a patient is diagnosed with a new disease caused by the buildup of waste material in the body’s cells. Which organelle is most likely malfunctionin
What are the three main decision-making types discussed in the article? (Site 1)
plzzzz help giveing brainlist
Which of the following are correct when comparing aerobic respiration and anaerobic respiration? Select all correct answers. Aerobic respiration generates more
Which diagram best explains how American Indian cultures were shaped by their environments before the arrival of Europeans?
Choose the items that describe a mixture. Question 2 options: Salt water is an example. Water is an example. Components are present in an unfixed ratio. It has
: Which of the following is a synonym for "god"? A. deity B. ruler C. father D. power
The midpoint of AB is M(1, 6). If the coordinates of A are (8, 4), what are the coordinates of B?
A bakery sells 8 lemon poppy muffins for every 80 bran muffins sold. Which table represents the relationship between lemon poppy and bran muffins?
PSYCHOLOGYDescribe how sensation and perception work together.