Question

¿Cuál es el capital que necesito, si quiero obtener una ganancia de $9745 en 5 meses aplicando una tasa del 6,3?

Answer 1

The capital is $ 309365.

Explanation:

What is the capital that I need, if I want to obtain a profit of $ 9745 in 5 months applying a rate of 6.3?

Let the capital is P.

Simple interest, I =$ 9745

Rate, R = 6.3 %

Time, T = 5 months

Use the formula of the simple interest.

`9745=(P* 6.3* 5)/(1200)\\\\P = 309365`