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Yinshy:
Robby invested $18,400 at 7% interest. He earned $9016 interest at the end of x years.
What is the value of x?
A.
10
B.
9
C.
8
D.
7
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Yinshy:
@Ultrilliam
Ultrilliam:
Ah one sec for me to calculate how to solve this problem :)
Yinshy:
xD
Ultrilliam:
alright, this time it's division
Ultrilliam:
what's 7% of 18400
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Yinshy:
1288
Ultrilliam:
Correct, now divide x by y, where x = how much he had at the end and y = result of previous operation
Yinshy:
???
pooja195:
This is the right idea however this is not how it should be explained.
Are you familiar with
Interest = Principal x Rate x Time
Ultrilliam:
9016/1288
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Ultrilliam:
BACKOFF POOJA! MINE HSSSSSSSSSSS
Yinshy:
dear god
pooja195:
@Ultrilliam I am simply trying to provide a different approach so that the asker understands.
pooja195:
They seemed confused with yours.
Ultrilliam:
To be fair, i was confused with it when i re-read it, so i tried clarifying lol
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Yinshy:
got it
Yinshy:
C
pooja195:
Nope
Ultrilliam:
Nope
Yinshy:
D i meant
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Ultrilliam:
Correct
pooja195:
Yep
Yinshy:
ty
Ultrilliam:
np :)
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