dylane1227 dylane1227

29-08-2017
Mathematics

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Gordon rosel went to his bank to find out how long it will take for $900 to amount to $1,090 at 9% simple interest. calculate the number of year

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coolstick coolstick

29-08-2017

Alright, so I=prt. I is 1090-900=190=interest. It starts at 900, so that is p. R is 0.09. 1090=900*0.09*t, so 1090/(900*0.09)=t=around 13 years

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