can you please help me.., with this math problem? |
 Apr 24 2005, 10:02 PM
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#1
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 i <3 peter  Group: Member Posts: 744 Joined: Apr 2005 Member No: 125,986  |
can you guys please help me with this math problem?? thx ;D
At a fixed interest rate, an investment of $8,000 earns $420. How much do you need to invest at the same rate to earn $672? i have no idea how to do this.. :( |
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Apr 25 2005, 03:45 AM
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#2
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 TaiwaneseGurl Group: Member Posts: 88 Joined: Oct 2004 Member No: 56,375 |
first find what the fixed interest rate is
8000xFIR=420 now u know what the FIR is, just find what the initial investment would have to be by IIxFIR=672 |
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Posts in this topic
KERP1UNK can you please help me.. Apr 24 2005, 10:02 PM
imadorkabledxd omg..this looks so familiar. what grade are u in? ... Apr 25 2005, 01:07 PM starlette ooh fun a proportion!! I was soo good at ... Apr 25 2005, 01:27 PM wind&fire 420/8000= 0.0525
0.0525x100= 5.25% interest rate
... Apr 26 2005, 12:18 AM
starlette QUOTE(wind&fire @ Apr 26 2005, 12:18 AM)4... Apr 27 2005, 05:00 PM wind&fire QUOTE(karamelle @ Apr 28 2005, 8:00 AM)that d... Apr 27 2005, 11:05 PM KERP1UNK woohoo! thx u guys are awesome :D
QUOTEomg.... Apr 27 2005, 10:49 PM ROARxD i think its one of those porportion problems
8,00... May 4 2005, 05:49 PM x LUV x ALWAYS x Shouldn't this topic be closed now that her qu... May 8 2005, 11:37 PM |
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