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1 vote
To get $700 after 4years at 3%compounded monthly

User VicM
by
8.3k points

1 Answer

5 votes
3% x
100 $700
Cross multiply and divide your only number which is 100.. 3 is your percent so it has to be over 100 and your x is your variable, your unknown number over $700 Set it up like a Fraction ! 3 times 700= 2,100 divide it by 100 which is equaled to 21 So 21 is like your percent !! Hope this helped...

User Evan Johnson
by
9.1k points
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