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Compound Interest Calculation and Solutions

This document provides examples of compound interest and algebraic word problems. It shows how to use the compound interest formula A=P(1+r)n to find the number of periods n when A=50000, P=20000, and r=30%. It also shows how to solve radical and fractional equations by isolating the variable.

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Zulfadhli Zainudin
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3 views4 pages

Compound Interest Calculation and Solutions

This document provides examples of compound interest and algebraic word problems. It shows how to use the compound interest formula A=P(1+r)n to find the number of periods n when A=50000, P=20000, and r=30%. It also shows how to solve radical and fractional equations by isolating the variable.

Uploaded by

Zulfadhli Zainudin
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

1.

In the compound interest formula A=P(1+r)n, if A=50000, P=20000, r=30%, find n


correct to 2 decimal places.
A=50000
P=20000
r=30%
in 2 decimal places

Answer:

A=P(1+r)n
50000=20000(1+0.3)n
=(1.3)n

n= 3.49 (2 d.p.)

2.

3. Solve for x:

4. Solve for x:

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