Math Is Fun Forum

Jameelah

Guest

Financial Mathmatics

For the following loans, calculate the principal (in marks);

rATE (% PER ANNUM)    Interest (marks):    Time (years)
        3                               $ 63.oo                     7

LQ

Real Member

Registered: 2006-12-04

Posts: 1,285

Re: Financial Mathmatics

1.03[sup]7[/sup] times $ 63.00 = $ 77.48

Last edited by LQ (2008-09-20 06:27:17)

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