de

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Beliebt Word Problems >

You deposit 180 in an investment account that earns 4.9% annual interest compounded annually.What is the balance of the account after 5 years?

Lösung

Y o u d e p os i t 180 in an in v es t m e n t a cco u n t t ha t e a r n s 4.9% ann u a l in t eres t co m p o u n d e d ann u a ll y . Wha t i s t h e ba l an ce o f t h e a cco u n t a f t er 5 ye a rs ?

Lösung

Amount : 228.64

Schritte zur Lösung

Translate the problem into an equation:

A = 180 (1 + \frac{0.049}{1})^{1 \cdot 5}

180 (1 + \frac{0.049}{1})^{1 \cdot 5} = 228.63880 \dots

Round to the nearest hundredth:

228.64

Amount : 228.64

Beliebte Beispiele

A number increased by 50 is less than or equal to 64 The radius of a circle is 13 ft. Find its kreisumfang in terms of pipi.Question 4: Lauren is 3 years older than Megan and Alyssa is 6 years younger than Megan. The:sum of their ages is 42 . How old is each girl?two more than 5 times a number is 77 Khalil deposited 200.00 into a new savings account that earns 4% interest compounded annually. How long will it take for the balance to grow to 227.00?