- Tuture valie is given byA = P(1+ rt).2500(1 + (0.06) × 3]= $2950Example 3Darnel owes a total of $3060 which includes 12% interest for the three years he borrowed the money.How much did he originally borrow?Solution:he principal P.

Answered: Image /qna-images/answer/524568c0-6aab-400a-942e-80c5ff7d353c.jpg

Answered: kample 3 Darnel owes a total of $3060…

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter10: Inequalities

Section10.3: Solving Problems Involving Inequalities

Problem 1P

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kample 3 Darnel owes a total of $3060 which includes 12% interest for the three years he borrowed the money. How much did he originally borrow? ion :