fr

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Populaire Word Problems >

Nick has 3, 572 in an account that earns 1% interest compounded annually.To the nearest cent, how much interest will he earn in 4 years?

Solution

N i c k ha s 3, 572 in an a cco u n t t ha t e a r n s 1% in t eres t co m p o u n d e d ann u a ll y . T o t h e n e a res t ce n t, h o w m u c h in t eres t w i ll h e e a r n in 4 ye a rs ?

Solution

Interest : 145.04

étapes des solutions

Translate the problem into an equation:

3717.03752 \dots = 3572 + I

Solutionner pour

I, 3717.03752 \dots = 3572 + I : I = 145.04

Interest : 145.04

Exemples populaires

Tristan inherited some money from his grandfather and put it in a bank account that earns 7% interest compounded monthly. After 9 years, Tristan had 1,000.00 in the bank account. How much interest did he earn?fives time a number, increased by 3 is 85 The area of a cercle is 100pi square feet. What is the radius?what number is 42% of 170 the sum of 2 consecutive numbers, both squared, is 13