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شائع Word Problems >

Nasim invests money in an account paying a simple interest of 1.3% per year. If he invests 70 and no money will be added or removed from the investment, how much will he have in one year, in dollars and cents?

الحلّ

N a s im in v es t s m o n ey in an a cco u n t p a y in g a s im pl e in t eres t o f 1.3% p er ye a r . I f h e in v es t s 70 an d n o m o n ey w i ll b e a dd e d or re m o v e d f ro m t h e in v es t m e n t, h o w m u c h w i ll h e ha v e in o n e ye a r, in d o ll a rs an d ce n t s ?

الحلّ

Amount : 70.91

خطوات الحلّ

Translate the problem into an equation:

A = 70 (1 + 0.013 \cdot 1)

70 (1 + 0.013 \cdot 1) = 70.91

Amount : 70.91

أمثلة شائعة

an item is regularly priced at 57. brian bought it at a discount of 60% off the regular price how much did brian pay Garrett earned some money doing odd jobs last summer and put it in a savings account that earns 3% interest compounded continuously. After 1 year, there is 800.00 in the account. How much did Garrett earn doing odd jobs?three more than twice a number is thirty five in a 4% sale, the price of the phone is reduced by 14 . find out the original price The product of two numbers is 240. The first number is 8 less than the second number. Which equation can be used to find x, the lesser number