it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

How much would you need to deposit in an account now in ordine to have 6000 in the account in 15 years? Assume the account earns 2% interest compounded monthly

Soluzione

Ho w m u c h w o u l d yo u n ee d t o d e p os i t in an a cco u n t n o w in or d er t o ha v e 6000 in t h e a cco u n t in 15 ye a rs ? A ss u m e t h e a cco u n t e a r n s 2% in t eres t co m p o u n d e d m o n t h l y

Soluzione

Principal : 4446.02

Fasi della soluzione

Translate the problem into an equation:

6000 = P (1 + \frac{0.02}{12})^{12 \cdot 15}

Risolvi per

P, 6000 = P (1 + \frac{0.02}{12})^{12 \cdot 15} : P = 4446.02

Principal : 4446.02

Esempi popolari

Seven times the sum of a number and 27 is most 22 felicia's age is 0.25 of Joe's. in 20 years, joe's age will be 1.5 times of felicia's. calculate each girl's present age 5 less than a number is 15 Emma is five years older than Joe. The sum of Emma and Joe's age is 140 How old is Emma and how old is Joe If the radius of a circle is 15 m, what is its circonferenza?