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פּוֹפּוּלָרִי Word Problems >

if you borrow \$1,000 for 4 years at an annual interest rate of 8%, what is the total amount of money you will pay back?

פתרון

i f yo u b orro w $1, 000 f or 4 ye a rs a t an ann u a l in t eres t r a t e o f 8%, w ha t i s t h e t o t a l am o u n t o f m o n ey yo u w i ll p a y ba c k ?

פתרון

Amount : 1320

צעדי פתרון

Translate the problem into an equation:

A = 1000 (1 + 0.08 \cdot 4)

1000 (1 + 0.08 \cdot 4) = 1320

Amount : 1320

דוגמאות פופולריות

The diameter of a circle is 36 miles. What is the circle's circumference?Translate to an equation.: 19% of what number is 114 How much money should be deposited today in an account that earns 7 % compounded semiannually so that it will accumulate to 13 comma 000 in three years?If 3500 is invested at an interest rate of 6.25% per year, compounded continuously, find the value of the investment after 4 years a number multiplied by 2/5 is 3/20