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elixir [45]
3 years ago
6

I need help with this khan academy question

Mathematics
1 answer:
Bond [772]3 years ago
8 0
That will be =3x10 with the baby 3 on top of the 10 and that also equals 3000
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barxatty [35]

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assuming its an annual interest

Okay so 6 percent interest, the bank is paying you.
So with this it’s 6 percent of 1500 and add it to 1500.

You can always find 6 percent of 1500 and then add but here’s a short cut.
Your principle (beginning) balance is 1500.
That’s already 100 percent since thats yoru original value.
You then get added 6 percent interest.
We are jsut adding 6 percent to 100 percent so 106 percent.
Now we solve normally and you’d get the answer faster.

106 percent is 106/100 or 1 3/5 or 1.06

now we multiply
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Your final balance would be 1590 after the 6 percent interest is added.

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2 years ago
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