kharelprabath37
kharelprabath37 kharelprabath37
  • 15-04-2021
  • Mathematics
contestada

The compound interest on a sum of money in 2 yes and 4 yrs are 5460 and 12060.6 then find principle​

Respuesta :

cwrw238 cwrw238
  • 15-04-2021

Answer:

2471.81

Step-by-step explanation:

Let I be the interest, r the annual rate and P the principal. Then:

I = P(r)^2 = 5460

I = P(r)^4 = 12060.6

so r^2 = P(r)^4 /  P(r)^2 = 12060.6/5460

r^2 = 2.2089

r = 1.486

So  P(r)^2 = P* 2.2089 = 5460

P = 5460 / 2.2089 = 2471.81.

Answer Link

Otras preguntas

How do I do this I need help
The printmaking process can create multiple original images. How do artists make sure that people buying a print are getting an authentic original image? Select
guys please help me to draw triangle jkl JK=6cm, KL=6cm and j=70°​
#Question 4: #Use a variable to represent the name of a food. You are then going to print this variable four times. Before you do, Print the food out and includ
Don’t understand how to do this
HELP ASAP WILL GIVE BRAININST IF: Solve with a step by step explanation and I shall give you BRAINLIST Find the slope of the line passing through the points (-
The absolute value of any real number is
discuss and decide whether the following are microeconomic or macroeconomic questions: a Why are pilots paid more than cabin crew? micro b Why is the diamond i
Write an expression for the phrase 6 plus the quotient of 15 and 3. Draw a picture to help, if needed. Show your work
In at least three complete sentences, write a character analysis for the protagonist in your selected novel. Include literal, interpretive, and evaluative infor