ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

2200 dollars is placed in an account with an annual interest rate of 7.25%. How much will be in the account after 29 years, to the nearest cent?

Решение

2200 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 7.25%. Ho w m u c h w i ll b e in t h e a cco u n t a f t er 29 ye a rs, t o t h e n e a res t ce n t ?

Решение

Amount : 6825.5

Шаги решения

Translate the problem into an equation:

A = 2200 (1 + 0.0725 \cdot 29)

2200 (1 + 0.0725 \cdot 29) = 6825.5

Amount : 6825.5

Популярные примеры

A sum of R12,500 amounts to R15,500 in four years at the rate of simple interest. What is the rate of interest?9000 dollars is placed in an account with an annual interest rate of 7.75%. How much will be in the account after 18 years, to the nearest cent?6900 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 26 years, to the nearest cent?Suppose your friend's parents invest 10, 000 in an account paying 7% compounded annually. What will the balance be after 6 years?Tiana deposited 60 in an account earning 10% interest compounded annually.To the nearest cent, how much will she have in 3 years?