A loan of $ 16,000 is made at 7 % interest, compounded annually. After how many years will the amount due reach $ 27,000 or more
1 answer:
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Answer:
80 lemons
Step-by-step explanation:
Let x represent the amount of lemons that were on the tree.
We can use this to set up an equation:
Note that percentages can also be written as that number over 100.
Simplify the fraction.
Multiply both sides by 5
Divide both sides by 2
There were 80 lemons on the tree before he picked the lemons.