document.write( "Question 1145202: april wants to borrow $300 from her father and is willing to pay $8 in interest. Her father wants to charge an interest rate of 4%. How long can april keep \n" ); document.write( "
Algebra.Com's Answer #766426 by ikleyn(52814)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "300 + 0.04*300*t = 308\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "is your basic equation.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "The unknown value is the time \" t \", which is \"how long . . . \", in years..\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "From the equation,\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " 0.04*300*t = 8\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " t =\r \n" ); document.write( "\n" ); document.write( "-----------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "See the lesson\r \n" ); document.write( "\n" ); document.write( " - Simple interest percentage problems \r \n" ); document.write( "\n" ); document.write( "in this forum.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |