exam
Maths Puzzle
Numerical Ability
Manny opens a saving account that earns 6% annual interest. His goal is to earn $600 interest in 5 years. How much money does he need to deposit?
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Short terms yields. On February 20, 2002 the annual yield on a two year treasury bond was 3.000% Use the simple interest rate formula to find the amount of interest earned during
Translate the following statement into an algebraic equaion. Let x represent the number.
10 less than 12 times a number is 6 times that same number.
I put 12x-10=6x.
Is this right?