Solución
Russell opened a savings account and deposited 4, 000.00 as principal. The account earns 10% interest, compounded monthly. What is the balance after 7 years?
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
Question Find the surface área of a rectangular solid with the given dimensions: length 25 feet, width 7 feet, height 10 feet. Give your answer without units.Find three consecutive integers such that the sum of the first and third is 146.The sales tax rate is 3%. If Jada buys a fancy watch priced at 732.12, what will be the total cost including tax? Round your answer to the nearest cent:The circunferencia of a circle is 2pipi cm. Find its diameter, in centimeters.Helen puts 6,782.00 into an account to use for school expenses. The account earns 14% interest, compounded monthly. How much will be in the account after 7 years?