In interest questions, there are four variables, which means there can be four "types" of questions. Calculating interest rate, amount of time, initial amount of money, and final amount of money. Here are four examples, one with each of the four variables missing.
Note: Remember that the interest formula is A=P(1+ i)^n
1. John is sixteen years old has $8,000 in the bank. He plans to have $10,000 in three years to pay for university. What interest rate would he need to be able to afford his tuition? ( Calculating interest rate)
2. Karen is 25 wants to have $35,000. She currently has only $5,000 and her bank's interest rate is 6% per year, compounded monthly. How old will she be when she reaches her goal? (Calculating time)
3. How much money would Sandra need to put in the bank in order to have $750,000 in forty years with an interest rate of 8% per year, compounded
monthly? (Calculating initial money required)
4. Chris has $15,000 in his bank account. His interest rate is 7% compounded monthly and he leaves the money in for three years. How much money will he have at the end of the three years? (Calculating final amount of money)
someone involved with stocks or banking (interest rates, increase/decrease in stock market)
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!
If there is someone in your vicinity who is good in solving algebra problems or when you ask for help online ,then yes....
Interest means that you borrow money, and you owe it back with a little bit extra. e.g. you owe someone £10. After a month you give that money back. But for having let you borrow it, you might now owe £10 with 2 pounds (interest) added.
Its a number that is used in magic tricks involving numbers. It is a number that can for example figure out a 3 digit number that someone else has wrote down.
examples of Enlightened self-interest
someone involved with stocks or banking (interest rates, increase/decrease in stock market)
To interest someone in reading you have to find the one topic that they love to talk/think about or do. Have them read books involving what they love helps them focus and find an interest. My students do best with reality based stories rather than fiction - that too may be important. If they can learn from the book they may find more value in it.
A traffic attorney is someone who specializes in court cases involving different traffic issues. Some examples of these are traffic tickets and violations.
Heinous means wicked or deeply criminal. It would mean the same thing in the Philippines. Examples of heinous crimes are crimes involving children, the elderly, or gruesome things done to someone's body.
Examples of heinous crimes in the Philippines include murders, kidnappings for ransom, drug trafficking, and acts of terrorism. These crimes have had serious consequences on the safety and security of the Filipino people and have sparked widespread public concern.
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!
Liking someone is when you are attracted to a person. Having interest is in the work they perform.
You can have competitions for how much pi someone knows vs. someone else, memorize pi, eat pie, study the origin of pi, teach others about pi, blog about it, and, most of all, solve math problems involving pi.
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!
Involving personal injury: 1 year. Involving damage to property: 3 years See below link:
A manager awarding a contract to a vendor owned by their family member. An employee accepting gifts or favours from a supplier in exchange for preferential treatment. An accountant manipulating financial records to benefit a friend's business. A board member making decisions that unfairly benefit a company they have personal investments in.