At what rates percent compound interest will Rs2000 amount to Rs 2420 in 2 years. ​

Answers

Answer 1

The interest rates required to get a total amount of $2,420 from compound interest on a principal of $2,000 compounded 1 times per year over 2 years is 10% per year.

What is compound interest?

The interest on savings that is calculated on both the initial principal and the interest accrued over time is known as compound interest.

The concept of compound interest, also known as "interest on interest," is thought to have first appeared in Italy in the 17th century. It will accelerate the growth of a sum more quickly than simple interest, which is calculated only on the principal sum.

Money is multiplied more quickly through compounding, and the more times it is compounded, the higher the compound interest will be.

Using the formula A = P(1 + r/n)^nt

Solving for rate r as a decimal

r = n[(A/P)^(1/nt) - 1]

r = 1 × [(2,420/2,000)^{1/(1)(2)} - 1]

r = 0.1

Then convert r to R as a percentage

R = r × 100

R = 0.1 × 100

R = 10%/year

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Related Questions

How many non-identical triangles can be made using these side lengths:
5 cm, 7 cm, and 10 cm

Answers

By applying the Triangle Inequality Theorem, the number of non-identical triangles that can be made using the given side lengths is one.

What is the Triangle Inequality Theorem?

In Mathematics, the Triangle Inequality Theorem can be defined as a type of theorem which states that the sum of any two (2) side lengths of a triangle must be greater than the measure of the third (2) side.

This ultimately implies that, the sum of the lengths of any two (2) sides of a triangle cannot be less than the length of the third (3) side of the triangle in accordance with the Triangle Inequality Theorem, as represented by this mathematical expression:

b - c < a < b + c

Where:

a, b, and c represent the side lengths of this triangle.

By applying the Triangle Inequality Theorem to the side lengths of this triangle, the number of non-identical triangles is given by:

5 + 7 > 10

12 > 10 (True).

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Using the given sample data, calculate the following measures of dispersion, to one decimal place.

Answers

Answer:

Range = 15

Variance = 24.5Explanations

Standard deviation = 5.0

The formula for calculating the range is expressed as:

Range = Highest value - Lowest value

Range = 24 - 9

Range = 15

Calculate the variance

The formula for calculating the variance is expressed as:

[tex]Variance=\frac{\sum(x-\overline{x})^2}{n-1}[/tex]

Find the mean

[tex]\begin{gathered} mean=\frac{9+13+15+18+19+20+24}{7} \\ mean\text{ }\overline{x}=\frac{118}{7}=16.9 \end{gathered}[/tex]

Determine the variance

[tex]\begin{gathered} S^2=\frac{(9-16.9)^2+(13-16.9)^2+(15-16.9)^2+(18-16.9)^2+(19-16.9)^2+(20-16.9)^2+(24-16.9)^2}{7-1} \\ S^2=\frac{146.9}{6} \\ S^2\approx24.5 \end{gathered}[/tex]

Determine the standard deviation

[tex]\begin{gathered} S=\sqrt{variance} \\ S=\sqrt{24.5} \\ S\approx5.0 \end{gathered}[/tex]

An airplane left an airport flying at 180 mi/h. A jet that flies at 330 mi/h left one hour later. The jet follows the same route as the airplane at a different altitude. How many hours will it take the jet to catch up with the airplane? How many miles will the jet have flown?

Answers

Using the distance formula, Jet will take 2.2 hours to catch up with the airplane.

We will find the solution using distance formula.

distance formula is a formula that is used to find the distance between two points. These points can be in any dimension.

d=rt where

d is distance r is rate or speed and t is time

"distance airplane traveled" = "distance jet traveled"

Let x = hours "airplane" was flying

x-1 = hours "jet" was flying

.

180x = 330(x-1)

180x = 330x - 330

180x + 330 = 330x

330 = 150x

330/150 = x

2.2 hours = x

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6 kg rice is enough for 20 people. How much rice is required for 100 people

Answers

Answer:

30.

Step-by-step explanation:

Apologies if I am late, but I believe this is the answer!

solve for c -49 = 2c - 29

Answers

Answer:

c = -10

Step-by-step explanation:

Hello!

According to the question we need to solve for c in the equation -49 = 2c - 29

-49 = 2c - 29

Flip the equation

2c - 29 = -49

Add 29 to both sides

2c - 29 + 29 = -49 + 29

2c = -20

Divide both sides by 2 to single out the variable

2c/2 = -20/2

c = -10

So, the value of c is -10

In general, the air temperature decreases 12°F for every
4,000 feet increase in altitude. If a hiker climbs 3,000 feet, by how
much can she expect the temperature to decrease?

Answers

Answer: 9

Step-by-step explanation:

Please SIMPILFY these

Answers

Answer:

a) 81

b) 16807

c) 100

d) 78125

PLEASE GIVE ME A BRAIN

3^4
7^4
10^2
5^8
Apply the exponent rule and product rule.

If the function 5x y = 1 has the domain {-2, 1, 6}, then what is the corresponding range? a. {-9, 6, 31} b. {9, -6, -31} c. {-11, 4, 29} d. {11, -4, -29}

Answers

If the function 5x+ y = 1 has the domain {-2, 1, 6}, then {11, -4, -29}  is the corresponding range  and the  answer to your question is: letter D

Function   5x + y = 1

Domain        {-2, 1, 6}

Process

Domain is the possible values of the independent variable.

Range is the values of the dependent variable.

Evaluate the function with each of the domain values to get "y"

When x = -2

 5(-2) + y = 1

  -10 + y = 1

   y = 10 + 1

     y = 11

When x = 1

 5(1) + y = 1

 5 + y = 1

 y = -5 + 1

  y = -4

When x = 6

5(6) + y = 1

30 + y =1

 y = 1 - 30

y =  -29

Range = { 11, -4 , -29}

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can anybody help me with 15/16 converting it into a decimal

Answers

Answer: 15/16 is written as 0.9375 in decimal form.

Step-by-step explanation:

To convert any fraction to decimal form, we just need to divide its numerator by the denominator.

Here, the fraction is 15/16 which means we need to perform 15 ÷ 16.

This gives the result 0.9375

= 15/16

= 15 ÷ 16

= 0.9375

will give brainliest
write a word problem that could be represented by this number line.

Answers

Answer:

John had 8 apples. He gave away 4. How many apples does he have left?

Step-by-step explanation: First, an arrow added 8 on the number line. Then, another arrow took away 4.  

SOMEONE HELP! I NEED THIS QUICKLY! WILLING TO GIVE 45 POINTS!!! At 1 P.M., the total snowfall is 2 centimeters. At 4 P.M., the total snowfall is 7 centimeters. What is the mean hourly snowfall? Write your answer in simplest form as a fraction or mixed number.

Answers

The mean hourly snowfall is (5/3) centimeters per hour, which means that each hour there are 5/3 centimeters more of snow.

What is the mean hourly snowfall?

The mean hourly snowfall is given by the quotient between difference between the total snowfall at the two given times and the total time.

Here we have:

Initial snowfall = 2cm

Final snowfall = 7cm

Difference = 7cm - 2cm = 5cm

And that happens between 1 P.M. and 4 P.M., so we have 3 hours.

Then the mean hourly snowfall is:

M = 5cm/3h = (5/3) centimeters per hour.

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wrapping paper is on sale at 3 rolls for $4.25. how many rolls can dankia buy with $20

Answers

Answer:

12 rolls, because 4.25 go into 20 , four times so u take 4 and multiply it by 3 and get 12.    

You are given that x = 5^m and y = 5^n

Write 5^m+n/2 in terms of x and y.

Answers

Answer:

X + e^(Y-5)/2

Step-by-step explanation:

X = 5^m

Y = 5^n

e^Y = n*e^5

n = e^(Y-5)

PLEASEEEEEEEEEE HELP ME I NEED HELP I AM PRACTICING FOR A TEST AND I CANT UNDERSTAND THIS

Answers

Answer:

2°C

Step-by-step explanation:

-3 + 5 = 11

Answer:

The temperature is 3°

Step-by-step explanation:

If we start at -3, then we go to -2, then -1, then 0, then 1 and then 2.

Schools A and B are competing in an academic contest. Correct answers earn 12 points. Incorrect answers lose 3 points. In the final​ round, School A gives the same number of correct and incorrect answers. School B gives no incorrect answers and the same number of correct answers as School A. School A started the final round with 87 points. School B started with 45. The game ends with the two schools tied. Let x represent the number of correct answers given by School A in the final round. Write an equation that models the outcome of the contest. Then find the number of answers that each school got correct in the final round.

Answers

School A got 14 questions correct and School B got 14 questions correct.

What are the number of correct answers?

The first step is to form a linear equations that represent the scores of the schools in the final round. A linear equation is an equation that has a single variable that is raised to the power of one. When graphed, a linear equation is usually a straight line.

Let x represent the number of correct and incorrect answers scored by School A

Total score at the end of the final round = beginning score + total scores of correct answers - total scores of incorrect answers

Total score at the end of the final round for School A :

87 + (12 ×x ) - (3 × x)

87 + 12x -3x

87 + 9x

Total score at the end of the final round for School B :

45 +  (12 ×x )

45 + 12x

If the two schools are tied, it means that both of the above expressions would be equal

45 +  12x = 87 + 9x

12x - 9x = 87 - 45

3x = 42

x = 42 / 3

x = 14

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Answer:

have a great day

Step-by-step explanation:

Helppppppppppppp pls

Answers

Answer: x = -1 , F

Step-by-step explanation:

Hard to see your pic, but

[tex](-b+\sqrt{b^{2}-4ac } )/2a\\(-b-\sqrt{b^{2}-4ac } )/2a[/tex]

[tex](-5-\sqrt{5^{2}-16} ) / 8 = -1[/tex]

Your answer is: x = -1

9.7g of sugar is needed for every cake made. How much sugar is needed for 4 cakes?

Answers

Answer: 38.8g of sugar

Step-by-step explanation:

9.7 x 4= 38.8

The weight of 6 eggs is shown. Identify the constant of proportionality of total weight to number of eggs.
The weight of 6 eggs is 264 g.

Answers

Answer:

44

Step-by-step explanation:

Let the number of eggs be N, and the weight be M

M is directly proportional to N.

.: M= kN

264 = 6k

.; k(the constant of proportionality is) = 264/6

k = 44.

Madelyn went to the hardware store and bought 7 identical wooden boards. when madelyn placed all the boards end-to-end, the line was 1.9 meters long. to the nearest tenth of a meter, how long was each board?

Answers

The length of each wooden board bought by Madelyn was 0.27 meters.

What is defined as the division?Multiplication is the inverse of division. If 3 groups of 4 add up to 12, 12 separated into three equal groups adds up to 4 in each group in division.Each component of a division equation has its own name.Dividend: The dividend is indeed the number divided during the division process.Divisor: The divisor is the number with which the dividend is divided.Quotient: A quotient is an outcome of the division process.Quotient: A quotient is an outcome of the division process. emainder: We can't always divide things exactly. There could be an extra number. The leftover number is known as the remainder.The following explains the connection between these four parts:  Dividend = Divisor x Quotient + Remainder

For the given question.

The number of wooden board bought by Madelyn = 7.

The length of all boards = 1.9 meters.

Thus, to find the length of each wooden board, simply divide the total length by the total board as each board is identical.

Each length = total length/number of boards

Each length = 1.9/7

Each length = 0.27 meter.

Thus, the length of each board bought by the Madelyn is 0.27 meters.

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A. How many real solutions does the system { y = x² {} y = 2x have?​

Answers

The system of equations has one real solution (2,4).

What is a system of equations?Simultaneous equations or systems of equations are two or more equations in algebra that must be solved simultaneously (i.e., the solution must satisfy all the equations in the system). The number of equations must match the number of unknowns for a system to have a unique solution.

The given system of equations is:

y = x²

y = 2x

Substitute the value of y in the second equation,

x² = 2x

x²- 2x = 0 ( Factorize it)

x(x - 2) = 0

x = 0 and x = 2

Putting the value of x in the equations to obtain the value of y,

y = x² = 0  

y = 2x = 2(0) = 0

y = x² = 2² = 4

y = 2x = 2(2) = 4

Therefore the system of equations has only one real solution (2,4).

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Calculate the value of 1 3/5 x 2/5
As a fraction in its simplest form

Answers

Answer:

16/25

Step-by-step explanation:

1 3/5 = 8/5

8/5 x 2/5 = 16/25

16/25

1 3/5=8/5
8/5 x 2/5=16/25

please help thank you

Answers

The interest of the CD account's of Ethan after 6 year is  $756.

What is termed as the simple interest?Simply multiplying the everyday interest rate by both the principal and the amount of time between payments yields simple interest.Customers who pay their loans in full or early each month benefit from simple interest.Auto loans as well as short-term personal loans seem to be typically interest-only loans.

For the given question;

Ethan deposit $7,000 into a certificate of deposit CD for 6 years.

The formula for finding the simple interest is;

SI = PRT/100

where,

SI = simple interest P = principal amount ($7,000)R = rate of interest (1.8%)T = time duration (6 years)

Put the values in the formula,

SI = 7,000×1.8×6/100

Simplifying;

SI = 756.

Thus, the simple interest gained after 6 years will be $756.

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andrea and lauren are 20 kilometers apart. they bike toward one another with andrea traveling three times as fast as lauren, and the distance between them decreasing at a rate of 1 kilometer per minute. after 5 minutes, andrea stops biking because of a flat tire and waits for lauren. after how many minutes from the time they started to bike does lauren reach andrea?

Answers

Lauren will reach Andrea after 65 minutes of biking.

What do we mean by mathematical operations?A mathematical function called an operation, also known as an "operand" or "argument," transforms zero or more input values into a precisely defined output value.The quantity of operands affects the operation's arity.The operations that are most frequently studied are unary operations (i.e., operations of arity 1), such as additive inverse and multiplicative inverse, and binary operations (i.e., operations of arity 2), such as addition and multiplication.

So, because Lauren is traveling at a speed that is one kilometer per minute slower than Andrea's and vice versa, Andrea's speed is 3/4 km/min and Lauren's is 1/4 km/min.

Thus, Andrea will have biked 3/4 × 5 = 15/4 km in 5 minutes.

Lauren will have to bike the following kilometers in total:

20 - 15/4 = 80/4 - 15/4 = 65/4 km

Her speed being 1/4 km/min, the amount of time passed will be:

(65/4)/(1/4) = 65

Therefore, Lauren will reach Andrea after 65 minutes of biking.

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Consider the relation R = {(4,7), (5,3), (6,2), (7, 7)}. What is the inverse of R? Enter your answer as a set of ordered pairs.​

Answers

Check the picture below.

Consider the function shown.
Which inequality represents the range of the function?

Answers

Answer:

The correct answer is C.

Find the missing length

Answers

√32 or 4√2 is the missing length of the right angle triangle whose other 2 legs measure 4 by 4 units.

What is the missing length of the triangle?

Pythagorean theorem states that the "square on the hypotenuse of a right-angled triangle is equal in area to the sum of the squares on the other two sides.

It is expressed as;

c = √( a² + b² )

Given the data in the diagram;

Side length a = 4Side length b = 4Hypotenuse c = ?

To determine the missing length, plug the given values into the formula above and solve for c.

c = √( a² + b² )

c = √( (4)² + (4)² )

c = √( 16 + 16 )

c = √( 32 )

Hypotenuse c = √32 or 4√2

Therefore, the missing length of the right angle triangle is √32.

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Classify the quadrilateral whose vertices are: A(3,2); B(0,5); C(-3,2); D(0,-1)x Select all that apply

Answers

Solution

- We can plot the coordinates given using a graphing calculator as shown below:

- From the above, we can see that the sides are equal and the looks like a diamond

- Thus, the quadrilateral is a Rhombus

- Since all the angles are 90 degrees, it is also a square only that it was rotated.

- A square is a special type of rectangle, thus, the shape is also a rectangle

- A parallelogram as its opposite sides parallel and opposite angles equal. This is the same with our figure. Thus, it is also a parallelogram

LO3
Ollie is paid 65p for each pizza he delivers. He is
paid £49.45 for a weekend shift including £12.40 in
tips.
How many pizzas did he deliver during the shift?
You must show your working.

Answers

The answer should be 17

I’m American so I’m not sure how British money works, don’t be mad if im not right

Have an AWESOME day! :)

please help and explain thank you

Answers

Answer:

x = 23 degrees

Step-by-step explanation:

Angle on a straight line = 180 degrees

therefore 180 - 75 = 105 degrees

105 + 52 = 157 degrees

Angle in a triangle is 180 degrees

therefore 180 - 157 = 23 degrees

Help pls math is not my thing ​

Answers

Answer: 2.25 x 10^18

Step-by-step explanation:

When dividing with exponents you subtract

56-38= 18

10 cancels out

(9 x 10^18) / 4

= 2.25 x 10^18

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