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פּוֹפּוּלָרִי Word Problems >

a business loan of 1000000 is to be repaid in full after 3 years if the interest rate is 7 percent per annum how much should be paid after 3 years

פתרון

a b u s in ess l o an o f 1000000 i s t o b e re p ai d in f u ll a f t er 3 ye a rs i f t h e in t eres t r a t e i s 7 p erce n t p er ann u m h o w m u c h s h o u l d b e p ai d a f t er 3 ye a rs

פתרון

Amount : 1210000

צעדי פתרון

Translate the problem into an equation:

A = 1000000 (1 + 0.07 \cdot 3)

1000000 (1 + 0.07 \cdot 3) = 1210000

Amount : 1210000

דוגמאות פופולריות

150000 was invested at 6% interest rate at 4 years how much is the maturity value 7900 dollars is placed in an account with an annual interest rate of 5.5%. How much will be in the account after 11 years, to the nearest cent?You deposit 5000 in an account earning 8% interest compounded monthly. How much will you have in the account in 5 years?what amount must be deposited by a student that pays 2% compounded annually so that after 12 years he will have 100,000 What is the compound amount on a loan of ₱50,000 at 6% for 6 years compounded semi-annually?