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פּוֹפּוּלָרִי Word Problems >

An amount of \$37, 000 is borrowed for 14 years at 4.75 interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?

פתרון

A n am o u n t o f $37, 000 i s b orro w e d f or 14 ye a rs a t 4.75 in t eres t, co m p o u n d e d ann u a ll y . I f t h e l o an i s p ai d in f u ll a t t h e e n d o f t ha t p er i o d, h o w m u c h m u s t b e p ai d ba c k ?

פתרון

Amount : 37004.75

צעדי פתרון

Translate the problem into an equation:

A = 37000 + 4.75

A = 37000 + 4.75

פשט את

Amount : 37004.75

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