Solution
Suppose that a loan of 2, 500 is given at an interest rate of 8% compounded each year. find the amount owed after 2 year
Solution
Solution steps
Translate the problem into an equation:
Popular Examples
There are 4 consecutive odd integers with a sum of 56. What is the greatest of these integers?A number x decreased by nineIf you triple a number then subtract 14, you get 2/3 of the original number. what is the original number?he Browns are saving up to go on a family vacation in 5 years. They invest \3100 into an account with an annual interest rate of 1.45% compounded quarterly. How much interest is earned on the Browns' investment after 5 years?The sum of 9 times a number and 2 is 5