At what rate asum doubles on itself
Byears 4monts ?
Answers
Step-by-step explanation:
Let principal(P) = 100
Let principal(P) = 100Time(T)= 8 year 4 months
Let principal(P) = 100Time(T)= 8 year 4 months= 8+1/3 = 25/3 years
Let principal(P) = 100Time(T)= 8 year 4 months= 8+1/3 = 25/3 yearsNOW USING RATE = (SI*100)/PT
Let principal(P) = 100Time(T)= 8 year 4 months= 8+1/3 = 25/3 yearsNOW USING RATE = (SI*100)/PT=100*100/(100*(25/3))
Let principal(P) = 100Time(T)= 8 year 4 months= 8+1/3 = 25/3 yearsNOW USING RATE = (SI*100)/PT=100*100/(100*(25/3))=100*3/(25)
Let principal(P) = 100Time(T)= 8 year 4 months= 8+1/3 = 25/3 yearsNOW USING RATE = (SI*100)/PT=100*100/(100*(25/3))=100*3/(25)=4*3
Let principal(P) = 100Time(T)= 8 year 4 months= 8+1/3 = 25/3 yearsNOW USING RATE = (SI*100)/PT=100*100/(100*(25/3))=100*3/(25)=4*3=12%
Answer:
Let principal(P)=100
Time(T)=8year4 month ALWAYS Convert into years
=8+1/3=25/3 years
NOW USING RATE =(SI*100)/PT
=100*100/(100*(25/3))
=100*3/(25)
=4*3
=12%