ar

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

شائع Word Problems >

Khalil opened a savings account and deposited 300.00 as principal. The account earns 11% interest, compounded annually. What is the balance after 4 years?

الحلّ

K ha l i l o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 300.00 a s p r in c i p a l . T h e a cco u n t e a r n s 11% in t eres t, co m p o u n d e d ann u a ll y . Wha t i s t h e ba l an ce a f t er 4 ye a rs ?

الحلّ

Amount : 455.42

خطوات الحلّ

Translate the problem into an equation:

A = 300 (1 + \frac{0.11}{1})^{1 \cdot 4}

300 (1 + \frac{0.11}{1})^{1 \cdot 4} = 455.421123

Round to the nearest hundredth:

455.42

Amount : 455.42

أمثلة شائعة

the sum of 2 numbers is 56. one number is 3 times as large as the other. what are the numbers?The product of two consecutive integers is 462 . What are the integers?make a number story for 3/4 × 5/8 twice a number increased by 7 ten less than the square of a number , a