Translate and solve: What number is 45% of 80?
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Textbook Solutions for Elementary Algebra
Question
In the following exercises, solve.
Lebron loaned his daughter $20,000 to help her buy a condominium. When she sold the condominium four years later, she paid him the $20,000, plus $3,000 interest. What was the rate of interest?
Solution
The first step in solving 3.2 problem number trying to solve the problem we have to refer to the textbook question: In the following exercises, solve.Lebron loaned his daughter $20,000 to help her buy a condominium. When she sold the condominium four years later, she paid him the $20,000, plus $3,000 interest. What was the rate of interest?
From the textbook chapter Math Models - Solve Percent Applications you will find a few key concepts needed to solve this.
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