Compute the simple interest for the specified length of time and the future value at the end of that time. You borrow $6,000 for 5 months at 9% per year?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Compute the simple interest for the specified length of time and the future value at the end of that time.
You borrow $6,000 for 5 months at 9% per year?
Find the present value of the given investment.
An investment earns 1% per month and is worth $5,000 after 3 months.
Hi, we are supposed to answer one question at a time. Since you have not mentioned which question to answer, I am answering the first question. Please repost the remaining question that you would like to be answered.
Simple Interest Question
Given Information:
Amount borrowed (P) = $ 6000
Time period (T) = 5 months or
Rate of interest % (R) = 9
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