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When will total interest be 2500?

Asked by dotlin (422points) October 31st, 2010

we have £5000 in a bank with 8% interest

year 1 £400
year 2 £430

work out when total interest will be 2500

The other questions in this book dealt with working out answers using graphs, I know there are other ways to work this out but can you work this out using the line rule y=mx+b and other similar rules?

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