Lời Giải
Nick put \dollar600 in an investment and after two years received \dollar840. What was the interest rate?
Lời Giải
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Translate the problem into an equation:
Giải
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How long does it take an investment of \dollar15,000 with an interest rate of 4% to become \dollar20,000?£2000 is invested with an interest rate of 2% per year. How much is the ivestment worth after 3 years?A project requiring an initial outlay of 55000 is guaranteed to produce a return of 75000 in three years' time. Calculate the internal rate of return.Find the future value on a loan of ₱100,000 if the loan is given at a rate of 2% and is due in 5 years?What is the present value of ₱ 70,000 at 8% simple interest for 5 years?