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Popular Word Problems >

Zac invests 3500 at 8% per year simple interest, for a period of time, to produce 210 interest. For how long did he invest the money?

Solución

Z a c in v es t s 3500 a t 8% p er ye a r s im pl e in t eres t, f or a p er i o d o f t im e, t o p ro d u ce 210 in t eres t . F or h o w l o n g d i d h e in v es t t h e m o n ey ?

Solución

Time : \frac{3}{4}

Pasos de solución

Translate the problem into an equation:

210 = 3500 \cdot 0.08 t

Resolver para

t, 210 = 3500 \cdot 0.08 t : t = \frac{3}{4}

Time : \frac{3}{4}

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