sheelavinukumar sheelavinukumar

14-03-2021
Mathematics

contestada

Question 28
28. The time taken for 5,000 to amount to * 5,408 at 4% per annum compoun
interest is
years.
a) 1
b) 2
c) 3
d) 4
ОА
OB
Ос
Oo

Respuesta :

s141410caditi13881 s141410caditi13881

14-03-2021

Answer:

Given Rate of interest is r=8%=0.08

Principal Amount is A=5,000

Time is t years

Interest is compounded yearly twice ⟹n=2

Amount =P(1+

n

r

)

nt

=5000×(1+

2

0.08

)

2t

=5,408

(1.0816)

t

=

5000

5408

⟹t=1

Answer Link

Otras preguntas

This drug is often prescribed to treat common symptoms of musculoskeletal disorders. a) Aspirin b) Antibiotics c) Antipyretics d) Analgesics

The exaggeration of displayed calcification within the coronary arteries during cardiac MDCT study is referred to as a) Ring artifact b) Beam hardening artifac

An addiction is a physiological or psychological dependence on a drug. Drugs deteriorate your mental, physical, and social health. A) TRUE B) FALSE

The lesson "National Storytelling Youth Olympics" And Q and A .What three qualities can you infer about Joe Bowman's character ?

A nursing instructor is preparing a class lecture about schizophrenia and outcomes focusing on recovery. Which would the instructor include as a major goal? A.

A chromatogram with ideal Gaussian bands has tr = 9.0 min and w1/2 = 2.0 min. How many theoretical plates are present?

Stimulation of the onset of telogen stage or causing the production of abnormal brittle hair's can be caused by a) Chemical hair treatments b) Proper hair care

There are 100 cards numbered 1 to 100 in a box. If a card is drawn from the box and the probability of an event is 1/2, then the number of favourable cases to t

I move that our chapter attend the Farm Machinery Show in Louisville, Kentucky. a) True b) False

A television commercial for a breakfast cereal features several adults in their twenties and thirties who cheerfully consume a bowl of the cereal before bicycli