Solución
Nate invests 1, 000 into an account with a 5.2% interest that is compounded annually. How much money will he have in this account if he keeps it for 5 years?
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
the quotient of a number and-3 is-8. Find the numberOscar and Heather deposit 8,000.00 into a savings account which earns 4% interest compounded quarterly. 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 less than or equal to 1the sum of two numbers is 208.one-third of the greater number equals the smaller number. what are the numbers?You deposit 2500 in a savings account. Find the balance after 4 years if the account earns 2% interest compounded monthly.