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شائع 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?

الحلّ

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 ?

الحلّ

Amount : 37004.75

خطوات الحلّ

Translate the problem into an equation:

A = 37000 + 4.75

A = 37000 + 4.75

بسّط

Amount : 37004.75

أمثلة شائعة

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