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What is the formula for finding an interest rate on a 10000 loan paid at the end of three years total paid is 12600?
Thompsla
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∙ 15y ago
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How can 12600 be split between two investments one patying 6 percent annually and one paying 8 percent annually so that the amounts of interest from the two investments are equal?
If you give x money to the bank paying 6% interest, then the amount of interest received is 0.06*x. If you gave x to the first account, the money left over must be 12600-x, so if you give 12600-x money to the second account, the interest is 0.08*(12600-x) Now we want both amounts of interest to be equal so, 0.06x = 0.08(12600-x) => 0.06x = 0.08*12600 - 0.08x => 0.06x = 1008 - 0.08x => 0.06x + 0.08x = 1008 => 0.14x = 1008 => x = 1008/0.14 = 7200 You give 7200 to the 6% interest account, as you chose to give them x money. You have 5400 money left to give to the 8% interest account (12600 - x).
What is 70 percent of 18000?
12600
What is the least common multiple of 12600 and 60?
60 is a factor of 12600 so their LCM is 12600.
What is 12598 rounded to the nearest ten?
12600
Is 2 divisible by 12600?
No. 12600 is a bit bigger than 2!
What is the percentage of 126?
percentage of 126 = 12600%= 126 * 100%= 12600%
How many miles are there in 12600 feet?
There are 5280 feet in one mile. Therefore, 12600 feet is equal to 12600/5280 = 2.3863 recurring (that is, 2.38636363..) miles.
How many hours and minutes in 12600 seconds?
12600 seconds = 3 hours 30 minutes.
How many acres is 12600 sq ft?
12600 sq ft = approx 0.29 acres.
What is the prime factorization of 12600 using exponents?
23 x 32 x 52 x 71 = 12600
How many acres is 12600 square feet?
12600 ft2 ÷ 43560.17 ft2/acre = 0.289255 acre
What is 892390 feet divided by 12600 seconds?
70.8246
