10000:100*11=1100 income per year
21000-10000=11000 need to have income
11000:1100=10 years will pass time
Answer:(F/G)(x)=7
Step-by-step explanation:
Answer:
$448
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 7%/100 = 0.07 per year,
then, solving our equation
I = 3200 × 0.07 × 2 = 448
I = $ 448.00
USE THE EQUATION Interest= Principal x rate x time
All you do is subtract what John is spending from the amount he has. 20.43-15.39= $5.04
