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פּוֹפּוּלָרִי Word Problems >

Bob has 2,017 in an account that earns 11% interest compounded annually.To the nearest cent, how much interest will he earn in 5 years?

פתרון

B o b ha s 2, 017 in an a cco u n t t ha 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 . T o t h e n e a res t ce n t, h o w m u c h in t eres t w i ll h e e a r n in 5 ye a rs ?

פתרון

Interest : 1381.76

צעדי פתרון

Translate the problem into an equation:

3398.76229 \dots = 2017 + I

3398.76229 \dots = 2017 + I, I

פתור בשביל:

I = 1381.76

Interest : 1381.76

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