Solución
Julian invested 990 in an account paying an interest rate of 6.2% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 12 years?
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
Benjamin invested 39,000 in an account paying an interest rate of 2.1% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach 54,200?you buy a watch for 60. your friend buys a watch a month later. it is now sold at a 15% what is the new price? what is the total cost including tax?Dylan invested 7,200 in an account paying an interest rate of 2.3% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 12 years?The radius of a circle is 20 ft. Find its circunferencia in terms of pipi.Sarah invested 2,500 in an account paying an interest rate of 2.1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 14 years?