Question

(iv) 5400
3 years
If total n
2. Find the sum of money that amounts to 5850 in six years at 5% per annum​

Answer 1

Answer:

4500

Step-by-step explanation:

Let the sum be x

A=5850

T=6years

R=5%

SI=SxRxT=Xx5x6=3x

100. 100. 10

S=A-SI

x=5850-3x/10

x+3x/10=5850

10x+3x=5850

10

13x=5850x10

x=58500

13

x=4500

Hence the sum is 4500