Larry inherited some money from his grandfather and put it in a bank account that earns 2% interest compounded monthly. After 9 years, Larry had 500.00 in the bank account. How much interest did he earn?

Solución

Solución

Interest : 82.3

Pasos de solución

Translate the problem into an equation:

500 = 417.69768 \dots + I

Resolver para

I, 500 = 417.69768 \dots + I : I = 82.3

Interest : 82.3

Ejemplos populares

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