ccaturntkul ccaturntkul
  • 12-01-2022
  • Mathematics
contestada

What sum of money will earn an interest of $ 162 in 3 years at the rate of 12% per annum

Respuesta :

shahdshaker203
shahdshaker203 shahdshaker203
  • 12-01-2022

Answer:

Let the sum of money be Rs p

So Amount = p +[( p x 12 x 3)/100]

{from the relation,a=p+[(pxRxt)]

But Amount is given as $162 in the question

= 162 = y +(36y)/100

162 = 34y/25

y=$119.117

So, the answer is $119.117

Answer Link

Otras preguntas

Suppose two points on a grid are not on the same horizontal or vertical line. Describe how you can use the Pythagorean theorem to find the distance between the
If air pressure dropped from 101,000 pa to 97/298 Pa. What was the percent change is air pressure
36 and 38Steps and explaination please
PLS HELP WILL GIVE BRAINIEST AND 50 points
A 13.00 g sample of citric acid reacts with an excess of baking soda What is the theoretical yield of carbon dioxide
Nation-states are very much like organisms. They are born, they grow, they need nourishment, and they eventually decline and die. However, unlike natural organi
Which molecules can provide the reactants for the production of auxin?A. nitrate and glucoseB. carbon dioxide and nitrateC. water and carbon dioxideD. glucose a
what is the responsibility of the heart
Explain how a mutation might lead to adaption. Thank you! :)
A 7kg bowling ball is resting on the counter. How much force does the bowling ball have on the counter.