Lời Giải
April wants to borrow 960 from her father and is willing to pay 12 in interest. Her father wants to charge an interest rate of 5%. How long can April keep the money?
Lời Giải
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Translate the problem into an equation:
Giải
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Find the amount Erica owes at the end of 5 years if \$5100 is loaned to her at a rate of 7% compounded monthly.A number less than 18 is 85 what is the numberHow much interest does a 407 investment earn at 6%over 7 years?twice the hiệu of a number and 2A child’s grandparents wish to purchase a bond fund that matures in 18 years to be used for the grandchild’s college education. The bond fund pays 4% interest compounded semi-annually. How much should they purchase so that the bond fund will be worth 85,000 at maturity?