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Popolare Word Problems >

Mr. Gonzales lends Julieta 5,000 soles at a rate of 10% annually for 2 years. What amount will he receive after said time?

Soluzione

M r . G o n z a l es l e n d s J u l i e t a 5, 000 so l es a t a r a t e o f 10% ann u a ll y f or 2 ye a rs . Wha t am o u n t w i ll h e rece i v e a f t er s ai d t im e ?

Soluzione

Amount : 6000

Fasi della soluzione

Translate the problem into an equation:

A = 5000 (1 + 0.1 \cdot 2)

5000 (1 + 0.1 \cdot 2) = 6000

Amount : 6000

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