calculate the rate of return that santander bank grants to mr patricio if the latter invests 335 000 pesos for a period of
Question
Calculate the rate of return that Santander Bank grants to Mr. Patricio, if the latter invests $335,000 pesos for a period of 5 years, and receives interest in the amount of $170,000 at the end of the term.
75
likes
373 views
Answer to a math question Calculate the rate of return that Santander Bank grants to Mr. Patricio, if the latter invests $335,000 pesos for a period of 5 years, and receives interest in the amount of $170,000 at the end of the term.
1. Identificar los valores iniciales: P = 335,000 I = 170,000 t = 5
2. Usar la fórmula de la tasa de interés simple: r = \frac{I}{{P \cdot t}}
3. Sustituir los valores en la fórmula: r = \frac{170,000}{{335,000 \cdot 5}}
4. Calcular el valor de \( r \): r = \frac{170,000}{1,675,000} = 0.1015
5. Convertir la tasa de decimal a porcentaje: r = 0.1015 = 10.15\%
\textbf{Respuesta: } 10.15\%
Frequently asked questions (FAQs)
Question: In a right triangle, the length of the hypotenuse is 10cm and the length of one of the sides adjacent to the angle is 6cm. Find the measure of the angle using the SOH CAH TOA rule.
+
Math Question: What is the equation of a parabola that opens upward, with the vertex at (2, -4)?
+
Math question: Solve the inequality 3x + 2 < 10 for x.