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인기 있는 Word Problems >

You deposit 2500 in a savings account. Find the balance after 4 years if the account earns 2% interest compounded monthly.

해법

Y o u d e p os i t 2500 in a s a v in g s a cco u n t . F in d t h e ba l an ce a f t er 4 ye a rs i f t h e a cco u n t e a r n s 2% in t eres t co m p o u n d e d m o n t h l y .

해법

Amount : 2708.04

솔루션 단계

Translate the problem into an equation:

A = 2500 (1 + \frac{0.02}{12})^{12 \cdot 4}

2500 (1 + \frac{0.02}{12})^{12 \cdot 4} = 2708.03732 \dots

가장 가까운 hundredth 으로 반올림:

2708.04

Amount : 2708.04

인기 있는 예

16.7% of what number is 48,000 What is the volume of a sphere with a 지름 of four inches?if you borrow 2,500 dollars for 4 years at an annual interest rate of 9% what is the total amount of money you will pay back?the 차이 between two numbers is 22. the sum of 6 times the larger and 7 times the smaller is 137. What are the numbers after an 18% discount, an item is \$135.30. what is the original price?