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nydus/The First Steps in AlgebraPublic

Page 129 of 227

Table of Contents

X.

Find the principal that will produce $ $280$ interest in $2$ years and $4$ months at $3$ %.

Find the principal that will produce $ $270$ interest in $1$ year and $6$ months at $6$ %.

Find the principal that will amount to $ $590$ in $4$ years at $4 \frac{1}{2}$ %.

Find the rate if the amount of $ $250$ for $4$ years is $ $300$ .

Find the rate if $ $1000$ amounts to $ $2000$ in $16$ years and $8$ months.

Find the time required for the interest on $ $400$ to be $ $54$ at $4 \frac{1}{2}$ %.

Find the time required for $ $160$ to amount to $ $250$ at $6$ %.

How much money must be invested at $5$ % to yield an annual income of $ $1250$ ?

Find the principal that will produce $ $100$ a month if invested at $6$ % per annum.

Find the rate if the interest on $ $1000$ for $8$ months is $ $40$ .

Find the time for a sum of money on interest at $5$ % to double itself.

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