Ask your own question, for FREE!
Mathematics 14 Online
OpenStudy (princeesj129):

Robby invested $18,400 at 7% interest. He earned $9016 interest at the end of x years. What is the value of x?

OpenStudy (soprano.h.d0816):

Do you have options and what do you think it could be?

OpenStudy (princeesj129):

idk i just need to know how to solve it

OpenStudy (princeesj129):

10

OpenStudy (princeesj129):

9

OpenStudy (princeesj129):

8

OpenStudy (princeesj129):

and 7

OpenStudy (soprano.h.d0816):

So, you'd multiply 18,400 by 7% and then take 9,016 and divide by the answer you got from the previous equation.

OpenStudy (soprano.h.d0816):

So, after you do that, what do you get?

OpenStudy (princeesj129):

what is 7% in decimal

OpenStudy (soprano.h.d0816):

0.07

OpenStudy (princeesj129):

i got the answer

OpenStudy (princeesj129):

thanks

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!