de

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Beliebt Word Problems >

Roberta invested a principal amount of 3114.00 with a rate of 4% that compounds continuously.It has been accruing interest for 22 years.What total value does Roberta now have?

Lösung

R o b er t a in v es t e d a p r in c i p a l am o u n t o f 3114.00 w i t h a r a t e o f 4% t ha t co m p o u n d s co n t in u o u s l y . I t ha s b ee n a ccr u in g in t eres t f or 22 ye a rs . Wha t t o t a l v a l u e d oes R o b er t a n o w ha v e ?

Lösung

Amount : 7507.54

Schritte zur Lösung

Translate the problem into an equation:

A = 3114 e^{0.04 \cdot 22}

3114 e^{0.04 \cdot 22} = 7507.54168 \dots

Round to the nearest hundredth:

7507.54

Amount : 7507.54

Beliebte Beispiele

The radius of a circle is 3 ft. Find its kreisumfang in terms of pipi.Show Examples4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 29 years, to the nearest cent?find the fläche of the triangle a=12 meters, b=17 meters, c=23 meters The radius of a circle is 13 feet. What is the circle's kreisumfang?Mackenzie puts 300.00 into an account to use for school expenses. The account earns 12% interest, compounded quarterly. How much will be in the account after 5 years?