How much money should be deposited today in an account that earns 4 % compounded semiannually so that it will accumulate to 13 comma 000 in three years?

Lösung

Lösung

Principal : 11.54

Schritte zur Lösung

Translate the problem into an equation:

13 = P (1 + \frac{0.04}{2})^{2 \cdot 3}

Löse nach

P, 13 = P (1 + \frac{0.04}{2})^{2 \cdot 3} : P = 11.54

Principal : 11.54

Beliebte Beispiele

Kenji opened a savings account and deposited 300.00 as principal. The account earns 10% interest, compounded quarterly. What is the balance after 2 years?If Pepe has 1 apple and his brother give him 2 apples. How many apple does Pepe have five is the result when twenty three divides a number Harry opened a savings account and deposited 300.00 as principal. The account earns 7% interest, compounded quarterly. What is the balance after 10 years?Find two positive even consecutive integers such that the square of the smaller integer is 10 more than the larger integer.

How much money should be deposited today in an account that earns 4 % compounded semiannually so that it will accumulate to 13 comma 000 in three​ years?

Lösung

Lösung

Beliebte Beispiele

How much money should be deposited today in an account that earns 4 % compounded semiannually so that it will accumulate to 13 comma 000 in three years?