If you take out a loan for 1,500 with an interest rate it 3% A) How long would it take to owe double the money? B) How long would it take to owe quadruple the money?
If you take out a loan for 1,500 with an interest rate it 3% A) How long would it take to owe double the money? B) How long would it take to owe quadruple the money?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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If you take out a loan for 1,500 with an interest rate it 3%
A) How long would it take to owe double the money?
B) How long would it take to owe quadruple the money?
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