Solution
Kate has 90, 000 in a savings account that earns 9% interest per year.The interest is not compounded.How much interest will she earn in 3 years?
Solution
Solution steps
Translate the problem into an equation:
Simplify
Popular Examples
Tommy is 3 years older than Fred. 4 years ago, Tommy was 4 times as old as Fred. Calculate Fred's present age.You know the perimeter of a square to be 16 meters. Find the length of one side.What is the result when the number 22 is decreased by 9.1%?four times a number decreased by sixAshley has 5,000 in an account that earns 5% interest compounded annually.To the nearest cent, how much will she have in 3 years?