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Mathematics 20 Online
OpenStudy (r_josh10):

Math help!

OpenStudy (r_josh10):

OpenStudy (ribhu):

@hailyokay

OpenStudy (r_josh10):

@Jamielynne

OpenStudy (ribhu):

use PRT/100 = simple interest

OpenStudy (ribhu):

where P= pricipal R= rate of interest T=time in yrs

OpenStudy (solomonzelman):

For 1 year the interest would be: \(\large\color{slate}{ 7000\times(0.04) }\) For 2 years the interest would be \(\large\color{slate}{ 7000\times(0.04) \times2 }\) For n years the interest would be \(\large\color{slate}{ 7000\times(0.04) \times n }\)

OpenStudy (solomonzelman):

so if this interest is equal to 840.... then n =?

OpenStudy (anonymous):

idk srry :( I am not a EXPERT at math

OpenStudy (r_josh10):

Lol it ok @Jamielynne

OpenStudy (solomonzelman):

you will get there, @Jamielynne . I am not any good at it either.

OpenStudy (anonymous):

LOL thx y'all

OpenStudy (solomonzelman):

So, Josh, do you understand the set up for this problem?

OpenStudy (r_josh10):

kinda

OpenStudy (solomonzelman):

do you see why \(\large\color{slate}{ 7000\times(0.04) \times n }\) is an expression that represents the (entire) simple interest for \(\large\color{slate}{ n }\) years?

OpenStudy (r_josh10):

yes thanks

OpenStudy (solomonzelman):

alright, so what is your answer?

OpenStudy (anonymous):

No idea ): Sorry):

OpenStudy (r_josh10):

3 years

OpenStudy (solomonzelman):

yes

OpenStudy (solomonzelman):

3 years is correct:)

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