ar

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

شائع Word Problems >

If 800 is invested at an interest rate of 3.75% per year, compounded quarterly, find the value of the investment after 1 year

الحلّ

I f 800 i s in v es t e d a t an in t eres t r a t e o f 3.75% p er ye a r, co m p o u n d e d q u a r t er l y, f in d t h e v a l u e o f t h e in v es t m e n t a f t er 1 ye a r

الحلّ

Amount : 830.42

خطوات الحلّ

Translate the problem into an equation:

A = 800 (1 + \frac{0.0375}{4})^{4 \cdot 1}

800 (1 + \frac{0.0375}{4})^{4 \cdot 1} = 830.42451 \dots

Round to the nearest hundredth:

830.42

Amount : 830.42

أمثلة شائعة

The product of some negative number and 3 less than twice that number is 527. Find the number.A landing pad for a helicopter is in the shape of a circle with a radius of 7 meters. What is the area of the landing pad in square meters?Find 3 consecutive odd integers such that 4 times the sum of the first two is 62 less than the product of-30 and the third.An account is opened with an initial deposit of 100 and earns 3.0% interest compounded monthly.What will the account be worth in 25 years?The sum of a number times 7 and 21 is at most-19