es

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular >

You deposit 3000 in an account earning 2% interest compounded monthly. How much will you have in the account in 15 years?

Solución

You deposit 3000 in an account earning 2% interest compounded monthly. How much will you have in the account in 15 years?

Solución

Amount : 4048.57

Pasos de solución

Translate the problem into an equation:

A = 3000 (1 + \frac{0.02}{12})^{12 \cdot 15}

3000 (1 + \frac{0.02}{12})^{12 \cdot 15} = 4048.56527 \dots

Round to the nearest hundredth:

4048.57

Amount : 4048.57

Ejemplos populares

3 more than the product of 4 and a number find the area of a circle with a circunferencia of 21.98 Fatima is 7 years older than her brother. Three times the sum of their ages is 39.:Write and solve an equation to find Fatima's age.sum of 5 and a number The circunferencia of a circle is 37.68 meters. What is the circle's diameter?