es

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular >

Rob has 7, 869 in an account that earns 13% interest compounded annually. To the nearest cent, how much will he have in 5 years?

Solución

Rob has 7, 869 in an account that earns 13% interest compounded annually. To the nearest cent, how much will he have in 5 years?

Solución

Amount : 14498.12

Pasos de solución

Translate the problem into an equation:

A = 7869 (1 + \frac{0.13}{1})^{1 \cdot 5}

7869 (1 + \frac{0.13}{1})^{1 \cdot 5} = 14498.12242 \dots

Round to the nearest hundredth:

14498.12

Amount : 14498.12

Ejemplos populares

Find the original price of a salt lamp that is 63 after a 30% discount.if the sum of four times a number and four less than three times a number is seventeen, what is the number If four more than three times a number is sixteen less than seven times the same number. What is the number?Melissa puts 400.00 into an account to use for school expenses. The account earns 11% interest, compounded annually. How much will be in the account after 7 years?Bob has seven apples. He eats 3 of them. How many apples does bob have?