Solución
Joel deposits 1, 000.00 into an account that pays 5.5% interest and is compounded semiannually. How much is in Joel’s account after 4 years?
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
Martha took out an 8-year loan of 35,790 to purchase a sports utility vehicle at an interest rate of 6.2% compounded monthly. How much will she have to pay in 8 years?one less than the product of 10 and a numberThe difference of two integers is 9. Five times the smaller is 7 more than three times the larger. Find the numbersa woman can bicycle 84 miles in the same time as it takes her to walk 12 miles. She can ride 9 mph faster than she can walk. How fast can she walk?Twice the sum of number x and five