Solution
Solution
Solution steps
Translate the problem into an equation
Solve the equation
Popular Examples
7700 dollars is placed in an account with an annual interest rate of 5.5%. To the nearest year, how long will it take for the account value to reach 26500 dollars?if you borrow 1,100 dollars for 9 years at an annual interest rate of 4% what is the total amount of money you will pay back?The sum of three consecutive integers is-312 . Find the Integers.A debt of P100,000 with interest at 11.5% compounded quarterly is due at the end of 6 years. What is the maturity value of the P100,000 obligation?Rosanne is saving up money to buy a car. Rosanne puts 10,000.00 into an account which earns 10% interest, compounded continuously. How much will she have in the account after 3 years?