Lösung
A couple deposits 15, 000into an account earning 5% annual interest for 20 years. Calculate the future value of the investment if the interest is compounded weekly. Round your answer to the nearest cent.
Lösung
Schritte zur Lösung
Translate the problem into an equation:
Round to the nearest hundredth:
Beliebte Beispiele
The product of two consecutive positive even integers is 528. Find the two integers.the bank is going to loan you for 25,000 for you to buy a new car, the loan will be for 5 years. What interest rate did they use if you ended up paying 5,000 in interestnumber and 2Rob has 7, 869 in an account that earns 13% interest compounded annually. To the nearest cent, how much will he have in 5 years?Find the original price of a salt lamp that is 63 after a 30% discount.