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Math of investment

Asked by bengnemenio 4 months ago, 2 answers.

Accumulate 30,000 from january 31 to september 20,2000 at 7% simple interest.
..pls give me a solution.. Thanks..

Answered by droopythedog on Jul 04, 2009, 07:42AM
24 answers

You love your homework so much you asked a question about it in love and relationships?

Oh, and just put 30,007

Milan Answered by ifeelcrazy123 on Jul 05, 2009, 04:16AM
4940 answers
Advisor-small

do you mean you start with 30 000?

Then the solution is.

30 000 X 7% interest for the whole year X 9/12 months (or you can use days) =
1575 interest.

Thus your capital amount will be 31575

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