Chapter 6 Percents And Their Fraction And Decimal Forms Worksheet With Answers - Basic College Mathematics (Aleks) Page 10
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12Basic College Mathematics (ALEKS)
Chapter Six PERCENTS
Chapter Six Section Seven
SIMPLE AND COMPOUND
INTEREST
1
.
(Pr
)
(
)
(
)
Simple
Interest
inciple
x
Rate
x
x
Time
=
100
Total = Principle + Interest
Time = Years
1
30
1
Monthly =
or
Daily =
12
365
365
1
1.
$
4300
7
1
$
301
I
x
x
x
=
=
100
1
3
2.
$
4300
7
$
225
.
75
I
x
x
x
=
=
100
4
1
30
3.
T = $4800 + 33.53 = $4833.53
$
4800
8
5 .
$
33
.
53
I
x
x
x
=
=
100
365
(Not on test – important to know and understand)
= Pr
Amount
inciple
Interest
+
R
n
t
•
1 (
)
A
P
=
•
+
100
n
•
4.
P = 2000 R = 9% n = 1 T = 2
9
1
2
2
•
$
2000
1 (
)
$
2000
. 1 (
09
)
$
2000
1.1881
$2376.20
A
=
•
+
=
•
=
•
=
1
100
x
5.
P= 7000 R = 6 = 6.375% n = 2 T = 1
3
. 6
375
2
•
3
$
7000
1 (
)
2
$
7000
(
1.031875)
$
7690.938
$7690.94
A
=
•
+
=
•
=
=
2
100
•
10
Chapter 6
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Education