Solución
April wants to borrow 600 from her father and is willing to pay 10 in interest. Her father wants to charge an interest rate of 4%. How long can April keep the money?
Solución
Pasos de solución
Translate the problem into an equation:
Resolver para
Ejemplos populares
9 years ago, Daniel won some money in the lottery and put it in a bank account that earns 14% interest compounded monthly. If Daniel currently has 700.00 in the bank account, how much interest has he earned?You deposit 500 in an account that pays 2.5% annual interest. Find the balance after 2 years when the interest is compounded daily. Round your answer to the nearest cent.find the simple interest on 500 at 8% for 2 yearsYusuf is going to invest in an account paying an interest rate of 6.5% compounded quarterly. How much would Yusuf need to invest, to the nearest ten dollars, for the value of the account to reach 1,330 in 6 years?Josue is going to invest in an account paying an interest rate of 3.1% compounded quarterly. How much would Josue need to invest, to the nearest hundred dollars, for the value of the account to reach 1,170 in 13 years?