rhearouseau rhearouseau

15-06-2022
Mathematics

contestada

At what rate per cent per annum will rs 6000 amount to rs 6615 in two years when interest is compounded annually?

Respuesta :

Medunno13 Medunno13

23-06-2022

Answer: 5%

Step-by-step explanation:

[tex]6615=6000(1+r)^{2} \\ \\ 1.1025=(1+r)^{2} \\ \\ 1.05=1+r \\ \\ r=0.05=\boxed{5\%}[/tex]

Ver imagen Medunno13

Answer Link

Otras preguntas

Gi gi's bakery has total assets of $425 million. its total liabilities are $110 million. its equity is $315 million. calculate the debt ratio.

Four times the square of a non zero number is equal to eight times the number

Families are important because

Why does the modern atomic theory used today represent the best explanation scientists have to offer? A: Modern technology supports the current atomic theory.

Why does a solid change to liquid when heat is added? A) The spacing between particles decreases. B)Particles lose energy. C)The spacing between particles inc

Which expressions are equivalent to 4(42)? Select each correct answer. 4(40 + 2) 4(4 + 2) 4(20 + 22) 4(4 + 20)

In the following balanced neutralization reaction equation, how many moles of Ca(OH)2 are required to completely neutralize 1.2 moles of HI? 2HI + Ca(OH)2 → CaI

A measure of the amount of the light given off by a star is its _____.

"People in Albany and New York City are using “green roofs” to improve the environment. A green roof can be added to many buildings that have large, flat roofs.

what two numbers multiplied together equal -420, but added together equal 1