Wednesday, August 5, 2009

Mathhh!! please help.?

1) What percent of 67 is 134..???



2) Estimate 20% of 198...???



3)



Karen deposited $8500 in a college savings account for



her grandson that earns an annual simple interest rate of 6.5% What will be the total amount in the acount in 10 years/???



4)



Sadie borrowed $3500 from a bank at an annual simple interest rate for a home remodeling project. After 4 years, she repaid the bank $4200 What was the interest rate of the loan???



5)



If Aisha deposits $2250 in a savings account that earns 3.5% annual simple interest, how long must she keep the money in the account for its total to reach $ 2722.50 ?????



Mathhh!! please help.?sba loans





1.



Given: P = 134, B = 67 , R = ?



Solution:



P = B x R



R = P/B



R = 134 / 67



R = 2 or 200%



2.



Given: R = 20% , B=198, P = ?



P = B x R



P = 198 x 20%



P = 39.6



Estimate 20% of 198, round 198 to 200 then multiply it by 20% = 40



3.



Given:



Amount Deposited = $ 8500



Annual Simple Interest Rate = 6.5%



Amount after 10 years = ?



Solution:



Get the annual interest amount



A = Amount Deposited * Annual Rate



A = $ 8500 * 6.5%



A = $ 552.50 / year * 10 years



Total Interest amount for 10 years = $ 5525.00



Total Amt after 10 years = Principal + Interest Amount



Total = $ 8500.00 + $ 5525.00



Total = $ 14,025.00



4.



Given:



Amount Loan = $ 3500.00



Amount after 4 yrs = $ 4200.00



Rate = ?



Get the Difference of the Amount



Difference = Amount Paid - Principal Amount



Difference = $ 4200.00 - $ 3500.00



Difference = $ 700.00



Interest per year = Difference / No. of Years



Interest/Year = $ 700 / 4



Interest/Year = $ 175.00



In getting the rate/year



P = $ 175.00



B = $ 3500.00



R = ?



P = B * R



R = P / B



R = $ 175.00 / $ 3500.00



R = 0.05



R = 0.05 * 100%



R = 5% per year



5.



Given:



Principal Amount = $ 2250.00



Rate = 3.5%



Total Amount of N Years = $ 2722.50



N Years = ?



Interest Amount/Year = Principal Amount * Interest Rate



Interest Amount/Year = $ 2250.00 * 3.5%



Interest Amount/Year = $ 78.75



Total Interest After N Years = Total Amount - Principal Amount



Total Interest = $ 2722.50 - $ 2250.00



Total Interest = $ 472.50



N of Years = Total Interest / Interest Amt per Year



N of Years = $ 472.50 / $ 78.75



N of Years = 6



Mathhh!! please help.?

loan



(1) 134/67= 2.



Thus, the factor by which 67 needs to be multiplied to get 134 is 2. therefore, 200% of 67 =134.



20/100*198= 3960/100.



You move the decimal point which is after the 0 in 3960 two places to the left.



thus, 20% of 198= 39.60.|||I just show you the way, solve them yourself.



for finding some percent of number, easy do this:



e.g. 10% of 200



( 200 * 10 ) /100 = 20



if you gonna find what percent of 200 is 20 , do like this



200 * ( ) / 100 = 20



so ( ) = 100 * 20 /200



( ) = %10



your other problems are similar.|||1)



134/67 x 100%



= 13400/67 %



= 200%



2)



198 x 20%



鈮?200 x 20/100



= 200 x 1/5



= 200/5



= 40



3)



$8500 x 6.5% x 10 + $8500



= $8500 x 65% + $8500



= $8500 x 65/100 + $8500



= $8500 x 13/20 + $8500



= $110500/20 + $8500



= $5525 + $8500



= $14025



4)



(4200 - 3500)/3500 x 100%/4



= 700/3500 x 100%/4



= 1/5 x 100%/4



= 100/5 %/4



= 20%/4



= 5%



5)



$2250 x 3.5%y + $2250 = $2722.5



$2250 x 3.5y/100 = $2722.5 - $2250



$2250 x 3.5y/100 = $472.5



3.5y/100 = $472.5/$2250



3.5y = $47250/$2250



3.5y = 21



y = 21/3.5



y = 6|||1. 200%



2. 39.6



3. N=8500(1+.065)raised to the power of 10



=8500 (1.877)



= 15954.5 (but when u don%26#039;t cut it down to 3 decimal places in the calculator, u%26#039;ll get 15,955.66



4. 4.66%



5. 5 years and a half.

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