Nakato Nobuki, a Japanese artist, intends to withdraw $ 24,000.00 from his savings at the end of 5 years. Mr. Nobuki deposits $ 1,500.00 in savings annually and today has a balance of $ 8,000.00. What should be the savings interest rate for Nobuki to achieve his goals?

The savings interest rate of Nakato Nobuki is 3 %

Step-by-step explanation:

Given;

Final amount of Nakato Nobuki, A = $ 24,000.00

time period of his investment, t = 5 years

principla amount, P = $ 1,500.00

The savings interest rate of Nakato Nobuki can be calculated on a simple interest basis.

A  = P(1 + rt)

r is the savings interest rate

Substitute the given values and solve for r

24,000 = 1,500(1 + 5r)

24,000 = 1,500 +  7,500r

7,500r = 24,000 - 1,500

7,500r = 22,500

r = 22,500/7,500

r = 3 %

Therefore, the savings interest rate of Nakato Nobuki is 3 %

62.5 paisa

step-by-step explanation:

4000*70 = 280000

280000-(2000*90) = 100000

4000-2400 = 1600

100000/1600 = 62.5

( give brainliest)

think about the doctor who treated the major and the speaker in the short story "in another country." put yourself in the shoes of the doctor, and based on what you read in the story, write what you think his thoughts about the major and the speaker would be. use the following vocabulary in your response and change the form of these words as needed: detached resign withered