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Popolare Word Problems >

borrows 7990 for 1 year at 17.5% interest how much does he pay at the end of the year

Soluzione

b orro w s 7990 f or 1 ye a r a t 17.5% in t eres t h o w m u c h d oes h e p a y a t t h e e n d o f t h e ye a r

Soluzione

Amount : 9388.25

Fasi della soluzione

Translate the problem into an equation:

A = 7990 (1 + 0.175 \cdot 1)

7990 (1 + 0.175 \cdot 1) = 9388.25

Amount : 9388.25

Esempi popolari

Marshall earned some money doing odd jobs last summer and put it in a savings account that earns 7% interest compounded quarterly. After 10 years, there is 400.00 in the account. How much did Marshall earn doing odd jobs?Find the balance if 30000 is invested in an account paying 8.5% interest compounded continuously for 7 years.andy is 6 year older than phil and the sum of their ages is 32. how old is any?the sum of three consecutive odd integers is-219 The number of office referrals from the first cycle was 125 but has decreased by 20% each cycle after that. Which function can be used to model the number of office referrals that occurred after x cycles?