Solution

If you borrow $800 for 5 years at an annual interest rate of 8% , what is the total amount of money you will pay back?

Solution

Solution steps
Translate the problem into an equation:

Popular Examples

Three consecutive integers have a sum of 57 . Find the integers.The difference between two numbers is 46. Three times the smaller is equal to 2 more than the larger. What are the numbers?Five times a number decreased by six is 29The sum of five and a number is ten less than fifty.The difference of six and twice a number is 22