he

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

פּוֹפּוּלָרִי Word Problems >

Deon deposited 4000 into an account with 4.7% interest, compounded annually. Assuming that no withdrawals are made, how much will he have in the account after 5 years?

פתרון

Deo n d e p os i t e d 4000 in t o an a cco u n t w i t h 4.7% in t eres t, co m p o u n d e d ann u a ll y . A ss u min g t ha t n o w i t h d r a w a l s a re ma d e, h o w m u c h w i ll h e ha v e in t h e a cco u n t a f t er 5 ye a rs ?

פתרון

Amount : 5032.61

צעדי פתרון

Translate the problem into an equation:

A = 4000 (1 + \frac{0.047}{1})^{1 \cdot 5}

4000 (1 + \frac{0.047}{1})^{1 \cdot 5} = 5032.61143 \dots

Round to the nearest hundredth:

5032.61

Amount : 5032.61

דוגמאות פופולריות

18 more than a number is 2 Tammy is riding her bicycle. She rides for 32.5 kilometers at a speed of 13 kilometers per hour. For how many hours does she ride?A standard die is rolled. Find the probability that the number rolled is even. Express your answer as a fraction in lowest terms or a decimal rounded to the nearest millionth.the sum of 3 consecutive integers is 3009. what is the smallest of these integers 9 decreased by twice a number