Question
b. ( 1265(1+0.115times frac (87)/(365)))(1+0.125times (4.3)/(365))
Solution
4.4
(242 Votes)
Dior
Master ยท Tutor for 5 years
Answer
Here's the solution to the calculation:b.
1265(1+0.115\times \frac {87}{365})}{1+0.125\times \frac {43}{365}}
0.115 \times \frac{87}{365} = 0.027260274
1 + 0.027260274 = 1.027260274
1265 \times 1.027260274 = 1299.778082
0.125 \times \frac{43}{365} = 0.014712329
1 + 0.014712329 = 1.014712329
\frac{1299.778082}{1.014712329} = 1280.656784
1280.66.**