it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

5100 dollars is placed in an account with an annual interest rate of 7%. To the nearest year, how long will it take for the account value to reach 13500 dollars?

Soluzione

5100 d o ll a rs i s pl a ce d in an a cco u n t w i t h an ann u a l in t eres t r a t e o f 7%. T o t h e n e a res t ye a r, h o w l o n g w i ll i t t ak e f or t h e a cco u n t v a l u e t o re a c h 13500 d o ll a rs ?

Soluzione

Time : 23.53

Fasi della soluzione

Translate the problem into an equation:

13500 = 5100 (1 + 0.07 t)

Risolvi per

t, 13500 = 5100 (1 + 0.07 t) : t = 23.53

Time : 23.53

Esempi popolari

tell whether the number is rational or not 1/7 2/3 of a number is 12. Find the number.the product of 8 and a number is 81 find the number Three subtracted from eleven times a number is 261. What is the number Ron opened a savings account and deposited 500.00 as principal. The account earns 15% interest, compounded continuously. What is the balance after 8 years?