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For example:
say the cost of the pillow is 20 dollars and including 10% interest. How much money did you have to pay?
first, you have to change 10% into a decimal, which would be .10
then, you multiply .10 with 20. then you would get 2.
2 dollars would be the interest.
and to see how much you would pay for the pillow including interest, just add 20 dollars to your 2 dolllars.
and so you would pay 22 dollars all together.
Another example:
Say you see something that you know was purchased for $32.30 and the original cost was $38.00 and you want to know what percentage the discount was.
If you divide the $32.30 by $38.00, you will get .85. You then subtract that from 1.00 (which represents the 100%), and it will give you .15, or 15%.
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How do you find the percent paid on interest?
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
How is math used in career of banker?
well... bankers use math all the time. they use it to find the interest. example: the person borrows 1000 dollars from the bank and say the interest is 2% monthly, so the banker can use math in that case. Also, when the banker invests on things, they use math to predict what their profit is, it can be negative ( a loss of money) or they can gain.
How do you solve interest rate math problems?
First you figure out the Principal, then you find the interest rate and then find the Time someone gave you to pay back loaned or borrowed money.Formula: Simple Interest= Principal*Rate*TimeExample: Principal-$25,000 Interest Rate- 6.25 simple interest- 6 years$25,000 x .0625 x 6= $9375!
Compound interest of 2 year is rs 156 and 3 year is rs 254 What is rate of interest?
Oh, dude, you're hitting me with the math questions now? Alright, let me break it down for you. So, if the compound interest for 2 years is Rs 156 and for 3 years is Rs 254, that means the interest for the third year is Rs 98 (254 - 156). To find the rate of interest, we need to calculate the interest for the first year, which would be half of the interest for 2 years (Rs 78). Then, we can divide this by the principal amount and multiply by 100 to get the rate of interest. Math can be fun, right?
How do you answer the interest problem about math?
The first thing you have to do is read the problem, so that you know what information it gives you, and you understand what it's asking you. We need the same facts before we can do anything with it, and you haven't told us anything. The only guess we can make from what you've given us is that it's probably a math problem about interest, not an interest problem about math.
Where can you find answer for Holt math lesson 6-7 practice a simple interest?
13
How do you find principle in math?
I=prt Switch the principle with the interest. Then work the equation out.
How do you take interest in mathematics?
Some people just find it interesting. You might try doing some fun math puzzles, reading about math and doing some problems you are able to complete. Also, there are some movies about math that might spark ones interest.
Where can I find an interest calculator?
There are many ways to find a good interest calculator for when you're buying a house. A good website to try is called calculatorsoup which has many different financial calculators that can help you manage your interest.
How much interest per year would you get on 200 million dollars?
It depends on the current interest rate - you'll need to check with your bank to find that out before you can do the math and multiply it out.
How do you find the percent paid on interest?
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
How is math used in career of banker?
well... bankers use math all the time. they use it to find the interest. example: the person borrows 1000 dollars from the bank and say the interest is 2% monthly, so the banker can use math in that case. Also, when the banker invests on things, they use math to predict what their profit is, it can be negative ( a loss of money) or they can gain.
Find tye unterest on 1200 at 5 per annum for 146 day?
The interest in this would be 8,760 dollars. This is a math problem.
How do you solve interest rate math problems?
First you figure out the Principal, then you find the interest rate and then find the Time someone gave you to pay back loaned or borrowed money.Formula: Simple Interest= Principal*Rate*TimeExample: Principal-$25,000 Interest Rate- 6.25 simple interest- 6 years$25,000 x .0625 x 6= $9375!
What is a fixed percent of the principal in math?
Simple Interest
A narrative essay on a place of interest I visited?
math
How do you figure out this math problem?
What is the amout of interest that will be earned on an investment of $8000 at 10% simple interest for 3 years
