Sandy borrowed 6709 R. O from a bank to buy a piece of land. If the bank charges 12 1/3 % compounded each two months, what amount will she have to pay after 2 years and half? Also find the interest paid by her.

she is paying back 9112.5 R.O

Interest paid back is 2,403.95

Step-by-step explanation:

To find the amount, we use the compound interest formula.

This is given as;

A = I( 1 + r/n)^nt

where A is the amount we are trying to calculate

I is money borrowed = 6709

r is the interest rate = 12 1/3% = 37/3 = 12.33% which is same as 12.33/100 = 0.1233

n is the number of times interest is compounded. We have 15 2 months in 2 and a half years

t is the number of years = 2.5

Plugging these values, we have;

A = 6709(1 + 0.1233/15)^(15)(2.5)

A = 6709(1.0082)^(37.5)

A = 9112.95 R.O

Interest is amount - principal( money borrowed)

9112.95 - 6709 = 2403.95

true

step-by-step explanation:

127

whether it's diameter, or radius, i believe if i remember correctly from school, every amount has to always add up to 180. so if you take 53, and starting adding, long story short, taking 127 and adding it to 53, gives you 180.