vi

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Phổ biến Word Problems >

Marian invests 2,874.65 in a savings account with a fixed annual interest rate of 1.88 % compounded continuously. What will the account balance be after 2 years?

Lời Giải

M a r ian in v es t s 2, 874.65 in a s a v in g s a cco u n t w i t h a f i x e d ann u a l in t eres t r a t e o f 1.88 % co m p o u n d e d co n t in u o u s l y . Wha t w i ll t h e a cco u n t ba l an ce b e a f t er 2 ye a rs ?

Lời Giải

Amount : 2984.79

Các bước giải pháp

Translate the problem into an equation:

A = 2874.65 e^{0.0188 \cdot 2}

2874.65 e^{0.0188 \cdot 2} = 2984.79458 \dots

Làm tròn đến hundredth gần nhất:

2984.79

Amount : 2984.79

Ví dụ phổ biến

Patrick opened a savings account and deposited 500.00 as principal. The account earns 9% interest, compounded quarterly. What is the balance after 7 years?The radius of a circle is 10.9ft Find the chu vi to the nearest tenth.What is the diện tích of a square with each side being 2 units?Hong deposits 3000 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 3 years?2100 dollars is placed in an account with an annual interest rate of 6%. To the nearest tenth of a year, how long will it take for the account value to reach 9400 dollars?