Solución
Find the principal needed now to get the given amount; that is, find the present value.To get 500 after 2 years at 11% compounded monthly
Solución
Pasos de solución
Translate the problem into an equation:
Resolver para
Ejemplos populares
The ending balance on an investment is 1,620.24. If the principal was invested at 8% for nine years, what was the principal?A mountain bike originally priced at 961.00 is up for sale a discount of 14%.What is the price of the mountain bike after the discountThrice the fourth root of 3 less than a number is equal to 6 . Find the number.:16The sum of the two numbers is 63. Three times the smaller number is 14 more than twice the larger number. Find the numbers.A principal of 2100 is invested at 8% interest, compounded annually. How much will the investment be worth after 6 years?Use the calculator provided and round your answer to the nearest dollar.