exam Maths Puzzle Numerical Ability

If I deposited $1000 at a 5% interest rate annually and wanted to know how long it would take to earn $100 dollars of interest and at what amount it was earned, what would the equation be to figure out this problem?

Read Solution (Total 0)

exam Other Question

Is 2 a solution of 3x+5 > 12?
-
I need the steps for this thanks and answer :)
A real estate agent received a 5.5% commission on the sale of a home. If the home sold for $133,000, how much was his commission?