how much money a man have to invest at the rate of 5% per year,to have 1470 at the end of the year ?
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Money invest +Money invest × rate of interest =1470
Let money invest be X
X +X (5/100) =1470
20X+X=1470 ×20
21 X=1470×20
X= (1470×20)/21=70 × 20
X=1400
Let money invest be X
X +X (5/100) =1470
20X+X=1470 ×20
21 X=1470×20
X= (1470×20)/21=70 × 20
X=1400
rosesteven32ozrp5b:
ans has to be 1400
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