A man took a loan from a bank at the rate of 12 % p.a. simple interest. After three years he had to pay s 5400 interest only for the period. Find the principal amount borrowed by him . Write your answer in 5 significant figures with NO comma and space in between characters. Do not write the monetary unit. Answer :S Blank 1. Blank 1 Add your answer

Q: Connor starts an IRA (Individual Retirement Account) at the age of 32 to save for retirement. He…

A: Initial age is 32.Amount deposited is .Retirement age is 65.Retirement savings is

Q: The value of shares has risen from 25 Rial to 35 Rial in a year. Find the rate of shares increment.…

A: In the given question we have to find the rate of the increment of the shares in a year. Formula…

Q: mr. and mrs lkan deposite $15,000 into college saving account with an annual compound interest rate…

A: Given that Mr. and Mrs. Ikan deposited $15,000 into college saving account with an annual compound…

Q: A man took loan from a bank at the rate of 8% per annum simple interest. After 4 years he had to pay…

A: Formula : Simple Interest = PRT/100

Q: ind Principal when Time 4 years, Interest = $ 400; Rate = 5% p.a. answer (Should be in 4 significant…

A: Solution:  given time T=4 year , interest I=$400  rate R=5%  to find principal  value=?

Q: 7.4 3.6

A:

Q: 00 de

A:

Q: Sarah spent $500 on a credit card last month. She went online to her account and paid $250 towards…

A: Sarah spends $500 from her credit card last month. So the balance in the credit card now is -500

Q: How long will it take for 34800 to beame #58344 at % ntérest compeninded semi-annually.

A:

Q: The total interest on a discounted loan is $40. If Bob received $480 into his bank account, what is…

A:

Q: Sanjeep takes out a $250,000 mortgage. The yearly interest rate on the loan is 5% and the loan is…

A:

Q: Find time (years) if the interest is ₱2300, the principal is ₱9900 and the rate is 5%

A: Solution

Q: Round 0.335658 to the nearest ten thousand

A: Given number:  0.335658 Rules: If the next right most digit after ten thousands place is less than…

Q: $1,400, at 8% interest, for 42 months

A:

Q: Don buys a car for $22,500. Don gets a loan for a year with an interest rate of 3% per year. How…

A: Using simple interest formula,

Q: Yesenia purchased a car for $16,789.23. She obtained a term loan at an interest rate of 3.74%. Her…

A:

Q: 4. A car costs Php 800,000. Find its value after 4 years if it depreciates 20% of its cost per year.

A:

Q: On the first day of the month, Michael places 5¢ in a jar. The next day, he places 7¢ in the jar.…

A:

Q: et background Clear frame Lunch at school costs $3.00 per day. How much money does Henry have to put…

A: Let total cost of lunch per day = $x Then total cost of lunch in 21days= $21x

Q: How much money Lwould MR. after 3year it Saad recieve he invest 67 simple in tuest. es 12000 taday…

A: To find the amount Mr. Sood will receive after 3 years on investment of Rs. 12000 at 6% of simple…

Q: Ryan starts an IRA (Individual Retirement Account) at the age of 22 to save for retirement. He…

A: Interest is a concept in finance and economics that represents the cost of borrowing money or the…

Q: Round öff your final answer to its second decimal place Daniel got an amount of Php 20 000 after 5…

A:

Q: What interest did Katie pay last month on her credit card if the average daily balance on her was…

A:

Q: A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and…

A: Given, Salvage value, Vs=P20000 Service life (n)=10 years To find: Book value at the end of 6 years…