a time deposit account in a bank yields 5.5 percent compound interest. annually jennifer invested 450000 for 4 years in this savings account how much interest will she gain

Pre-Álgebra
Álgebra
Precálculo
Cálculo
Funciones
Matrices y vectores
Trigonometría
Estadística
Química
Conversiones

Solución

Solución

Interest : 107471.09

Pasos de solución

Translate the problem into an equation:

557471.09278 \dots = 450000 + I

Resolver para

I, 557471.09278 \dots = 450000 + I : I = 107471.09

Interest : 107471.09

Ejemplos populares

Six times the sum of a number and 3 is equal to 4.if nine coins are flipped, what is the probability of obtaining at least one head The sum of two numbers is 15 and their difference is 1.Express twice the sum of a number and 5 into symbol.a number x increased by 10 is greater than 65