Answer: ₱40,909.1
Step-by-step explanation:
Given data:
Rate for first year = 4%
Rate for next two years = 6%
Rate for the next 3 years = 7.5%
Interest paid back after 5years = ₱ 15,750
Solution:
How much did she borrow.
= let the sum borrowed be P
= P * 4 / 100
= 4P/100
= 1P/25.
For the next two years
= P* 6 * 2/100
= 12P/100
= 3P/25
For the next 3years
= P* 7.5*3/100
= 22.5P/100
= 9P/40.
1P/25 + 3P/25 + 9P/40 = 15750
77P/200 = 15750
P = 15750 * 200 / 77
P = 315,0000/77
P = ₱40,909.1
The amount borrowed is ₱40,909.1
Answer:
Deductive
Step-by-step explanation:
Jenny is an artist.
This is a deductive argument because the inductive use the particular to get the general and the deductive use the general to get the particular.
Answer:
The revenue for Granton location is 175 thousand dollars
Step-by-step explanation:
Given
Cedarton 121
Rimber 189
Linton 147
Mean = 158
Required
Revenue for Granton location.
To calculate the revenue for Granton location, we make use of mean formula.
Mean is calculated by Summation of Observation divided by number of observations.
Since Granton location is unknown; Let it be represented by letter G.
So, the summation of observation becomes 121 + 189 + 147 + G
Summation = 457 + G
The number of observations = 4
Recall that Mean = Summation ÷ Number
By substituting 158 for mean, 457 + G for summation and 4 for number, we have
158 = (457 + G) ÷ 4
158 = ¼(457 + G)
Multiply both sides by 4
4 * 158 = = 4 * ¼(457 + G)
632 = 457 + G
Make G the subject of formula
G = 632 - 457
G = 175
Hence, the revenue for Granton location is 175 thousand dollars