What sum will amount to Rates. 1116 in 4years at 6percent please. a.

  1. 👍 0
  2. 👎 0
  3. 👁 60
  1. x(1.06)^4 = 1116
    x = 1116/1.06^4 = 833.98
    If you meant simple interest, then 1116/(1 + .06*4)

Respond to this Question

First Name

Your Response

Similar Questions

  1. math

    Calculate the compound interest on 7400 in 4years at 6percent p.a if the Interest is calculated every 3months

    asked by queen on November 9, 2016
  2. math

    what sum will amount to rs 1116 in 4 years at 6%p.a.?

    asked by vaidehi on April 5, 2013
  3. Maths

    A sum of rs400 amounts to rs480 in 4years. What will it amount to if the rate of interest is increased by 2% p.a

    asked by S on October 23, 2017
  4. math algebra 1

    just need a little help Task 2 John, Rick, and Molli paint a room together. a. Pick a reasonable amount of time in which the three friends can paint the room together. Also pick a reasonable amount of time in which John can paint

    asked by Soji on May 4, 2018
  5. math

    The highest point on a trail, a pass with elevation of 1116 m, can be attained by climbing a 3.20 mile route from a waterfall, elevation of 60 m. The elevation gain from the waterfall to the pass is ___ feet. Do I just subtract

    asked by Alisha on January 20, 2013
  6. algebra 1

    need help on where to go next. **(i need help with the numbers i've chosen how do I make them into fractions since in E it says find the least common denominator)**** John, Rick, and Molli paint a room together. a. Pick a

    asked by NSYNC on May 5, 2018
  7. math

    what is 0.062 divde 0.1116

    asked by haley on July 9, 2009
  8. physics

    an antifreeze solution is made by mixing ethylene glycol (density= 1116 kg/m^3) with water. suppose that the specific gravity of such a solution is 1.0730. assuming that the total volume of the solution is the sum of its parts,

    asked by kai on November 20, 2010
  9. Math

    I am 10years old my sister is 4years,in how many years shall i be twice as old as she will be?

    asked by Samuel on September 3, 2017
  10. Math

    A bank lent $1.2 million for the development of three new products, with one loan each at 6%, 7%, and 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the

    asked by Anonymous on April 9, 2014

More Similar Questions