Question

Please help !!
[90 points if correct]​

Answer 1

2201.8348 ; 3 ; x / (1 + 0.01)

Explanation:

Hope this helps! (:

Answer 2

2201.8348 ; 3 ; x / (1 + 0.01)

Explanation:

1)

Final amount (A) = 2400 ; rate (r) = 6% = 0.06, time, t = 1.5 years

Sum = principal = p

Using the relation :

A = p(1 + rt)

2400 = p(1 + 0.06(1.5))

2400 = p(1 + 0.09)

2400 = p(1.09)

p = 2400 / 1.09

p = 2201.8348

2.)

12000 amount to 15600 at 10% simple interest

A = p(1 + rt)

15600 = 12000(1 + 0.1t)

15600 = 12000 + 1200t

15600 - 12000 = 1200t

3600 = 1200t

t = 3600 / 1200

t = 3 years

3.)

A = p(1 + rt)

x = p(1 + x/100 * 1/x)

x = p(1 + x /100x)

x = p(1 + 1 / 100)

x = p(1 + 0.01)

x = p(1.01)

x / 1.01 = p

x / (1 + 0.01)