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a man sells his used car for 9,000 dollars. he gains 7% of the interest. how much money does he earn?
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car price * 0.07
ok thxs
That gives the interest...then add to the cost of the car
This does not make sense. What interest? How is interest charged and paid? What is the length of the investment? DSS may or may not be right. It MAY be what is wanted. Is it?
but theres no cost of the car?
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9000 * .007 = 630 9000+630 = 9630 if he recovered 7% of his interest?
ok now i understand
It sounded to me like he sold his used car for 9000 plus 7% of the interest...so the car sold for 9630? The question is poorly phrased at best.
yeh i know but it was my homework question!
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