Solución
Javier deposited 321 in an account earning 5% interest compounded annually.To the nearest cent, how much interest will he earn in 4 years?
Solución
Pasos de solución
Translate the problem into an equation:
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Ejemplos populares
In 2 years, David wants to buy a bicycle that costs 600.00. If he opens a savings account that earns 4% interest compounded quarterly, how much will he have to deposit as principal to have enough money in 2 years to buy the bike?6 more than a number.Harper opened a savings account and deposited 4,000.00 as principal. The account earns 13% interest, compounded quarterly. What is the balance after 10 years?A number times twelve.real number 1/2