Table of contents
- 0. Review of Algebra(0)
- 1. Equations & Inequalities(0)
- 2. Graphs of Equations(0)
- 3. Functions(0)
- 4. Polynomial Functions(0)
- 5. Rational Functions(0)
- 6. Exponential & Logarithmic Functions(0)
- 7. Systems of Equations & Matrices(0)
- 8. Conic Sections(0)
- 9. Sequences, Series, & Induction(0)
- 10. Combinatorics & Probability(0)
1. Equations & Inequalities
Linear Equations
1. Equations & Inequalities
Linear Equations: Study with Video Lessons, Practice Problems & Examples
Back to all problems
56PRACTICE PROBLEM
The newest high-end phone is out, and it is priced at $3000! To buy this item, you can borrow this amount from a local lending corporation that operates at 5.4% simple annual interest rate. The payment period will be over the course of 10 months.
Calculate the interest if you were to loan this amount.
The newest high-end phone is out, and it is priced at $3000! To buy this item, you can borrow this amount from a local lending corporation that operates at 5.4% simple annual interest rate. The payment period will be over the course of 10 months.
Calculate the interest if you were to loan this amount.