ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

Jeffrey opened a savings account and deposited 100.00 as principal. The account earns 6% interest, compounded monthly. How much interest will he earn after 3 years?

Решение

J e ff rey o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 100.00 a s p r in c i p a l . T h e a cco u n t e a r n s 6% in t eres t, co m p o u n d e d m o n t h l y . Ho w m u c h in t eres t w i ll h e e a r n a f t er 3 ye a rs ?

Решение

Interest : 19.67

Шаги решения

Translate the problem into an equation:

119.66805 \dots = 100 + I

Решите для

I, 119.66805 \dots = 100 + I : I = 19.67

Interest : 19.67

Популярные примеры

Kinsley opened a savings account and deposited 300.00. The account earns 15% interest, compounded quarterly. If she wants to use the money to buy a new bicycle in 2 years, how much will she be able to spend on the bike?A child is 12 years old, and his father is 32 years older. In how many years will the father be 3 times as old as the child?he product of 10 and six less than a number number set of (sqrt(4))/9 Roy and Vicky deposit 2,000.00 into a savings account which earns 1% interest compounded monthly. They want to use the money in the account to go on a trip in 2 years. How much will they be able to spend?