ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

You deposited 21000 into a savings account with a fixed annual interest rate of 8% compounded annually. What will the account balance be after 19 years?

Решение

Y o u d e p os i t e d 21000 in t o a s a v in g s a cco u n t w i t h a f i x e d ann u a l in t eres t r a t e o f 8% co m p o u n d e d ann u a ll y . Wha t w i ll t h e a cco u n t ba l an ce b e a f t er 19 ye a rs ?

Решение

Amount : 90629.72

Шаги решения

Translate the problem into an equation:

A = 21000 (1 + \frac{0.08}{1})^{1 \cdot 19}

21000 (1 + \frac{0.08}{1})^{1 \cdot 19} = 90629.72224 \dots

Округлите до ближайшего hundredth:

90629.72

Amount : 90629.72

Популярные примеры

find the area of a circle with a окружность of 11pi feet Jaxon invested 58,000 in an account paying an interest rate of 2.7% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 14 years?135 is 45 percent of what number The sum of two numbers is 10. Twice the smaller number is five greater than the larger number. What are the numbers?The price of a meal plus 14% delivery charge comes to a total cost of 19.38. What was the price of the meal?