kurrely
kurrely
13-06-2017
Mathematics
contestada
A deposit of 4000 at 9.5% for 270 days
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Насир
Насир
13-06-2017
The deposit is 4,000 so P = 4000.
The interest rate is 9.5%
9.5 ÷ 100 = 0.095.
r = 0.095: I = P*r*t*: I = P*r*tl = 4000*0.095*
(270/365)I = 281.095890410959 I = 281.10
So your answer would be:
281.10
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