Solución
An investment of 50 000 received an interest rate of 8% p.a. compounded daily over 6 years.Calculate the total value of the investment.
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
Gabe and Lindsey deposit 3,570.00 into a savings account which earns 5.74% interest compounded monthly. 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?A number is 3 at mínimoSuppose that a loan of 2,500 is given at an interest rate of 8% compounded each year. find the amount owed after 1 yearThe sum of 3 consecutive even numbers is 182four less than double a number is 12