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Populaire Word Problems >

In what time will $400 amount to $512 if the simple interest is the calculated at 14% p.a.?

Solution

Solution

Time : 2

étapes des solutions

Translate the problem into an equation:

512 = 400 (1 + 0.14 t)

Solutionner pour

t, 512 = 400 (1 + 0.14 t) : t = 2

Time : 2

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