it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

200.00 as principal. The account earns 7% interest, compounded annually. What is the balance after 4 years?

Soluzione

200.00 a s p r in c i p a l . T h e a cco u n t e a r n s 7% 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 ?

Soluzione

Amount : 262.16

Fasi della soluzione

Translate the problem into an equation:

A = 200 (1 + \frac{0.07}{1})^{1 \cdot 4}

200 (1 + \frac{0.07}{1})^{1 \cdot 4} = 262.159202

Arrotondare all' hundredth più vicino:

262.16

Amount : 262.16

Esempi popolari

Find the time required for an investment of 5000 dollars to grow to 6900 dollars at an interest rate of 9.9 percent per year, compounded daily.Four times a number is greater than-48 an investment of 75000 increases at a rate of 12.5% per year. FInd the value of the investment after 30 years The area of a cerchio is 4.5216 square yards. What is the cerchio's radius?If a number is tripled, it equals the product of four and the number diminished by two.:Find the number.