de

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Beliebt Word Problems >

Bob deposited \$4000 into an account with 2.4% interest, compounded semiannually. Assuming that no withdrawals are made, how much will he have in the account after 7 years?

Lösung

B o b d e p os i t e d $4000 in t o an a cco u n t w i t h 2.4% in t eres t, co m p o u n d e d se miann u a ll y . A ss u min g t ha t n o w i t h d r a w a l s a re ma d e, h o w m u c h w i ll h e ha v e in t h e a cco u n t a f t er 7 ye a rs ?

Lösung

Amount : 4727.02

Schritte zur Lösung

Translate the problem into an equation:

A = 4000 (1 + \frac{0.024}{2})^{2 \cdot 7}

4000 (1 + \frac{0.024}{2})^{2 \cdot 7} = 4727.01702 \dots

Round to the nearest hundredth:

4727.02

Amount : 4727.02

Beliebte Beispiele

The sum of two numbers is 12. The sum of their squares is 74. Find the numbers.3. One number is two less than three times another number. Three times the larger number is four more than eight times the smaller number. What are the numbers?The durchmesser of a circle is 18 in. Find its area in terms of pipi.if i have 2 apples and get rid of 1 how many do i have Four subtracted from the product of 6 and a number is less than-20.