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Isabella inherited some money from her grandfather and put it in a bank account that earns 15% interest compounded quarterly. After 2 years, Isabella had 500.00 in the bank account. How much interest did she earn?

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解答

Isabellainheritedsomemoneyfromhergrandfatherandputitinabankaccountthatearns15%interestcompoundedquarterly.After2years,Isabellahad500.00inthebankaccount.Howmuchinterestdidsheearn?

解答

Interest:127.55
求解步骤
Translate the problem into an equation:500=372.44758…+I
求解 I,500=372.44758…+I:I=127.55
Interest:127.55

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