Solución
Preston and Julie deposit 6, 301.00 into a savings account which earns 4% interest compounded annually. They want to use the money in the account to go on a trip in 3 years. How much will they be able to spend?
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
The population of a city is 150,000 and the annual growth rate is 6.9%. Write an equation to modal the population y after x years.the product of 5 and a number is equal to 50.One number is 2/3 of another number. The sum of the two numbers is 20. Find the two numbers.Shelia deposited 800 into an account that earned 3% simple interest. She did not make any other deposits or withdrawals. After 5 years, how much interest did Sheila earn?600 is 5/9 of what number