Solution
Solution
Solution steps
Translate the problem into an equation:
Solve for
Find age
Popular Examples
April wants to borrow 300 from her father and is willing to pay 15 in interest. Her father wants to charge an interest rate of 6%. How long can April keep the money?7100 dollars is placed in an account with an annual interest rate of 7.75%. How much will be in the account after 30 years, to the nearest cent? Write Exponential FunctionJaden opened a savings account and deposited 500.00. The account earns 1% interest, compounded continuously. If he wants to use the money to buy a new bicycle in 1 year, how much will he be able to spend on the bike?Sam and Cara deposit 500.00 into a savings account which earns 12% interest compounded monthly. They want to use the money in the account to go on a trip in 3 years. How much will they be able to spend?if there are 22400people and this is 18.1 percent how many are there