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شائع Word Problems >

Find the time required for an investment of 16 000 to grow to 21 000 at an annual interest rate of 6% if the interest is compounded quarterly.

الحلّ

F in d t h e t im e re q u i re d f or an in v es t m e n t o f ​16 000 t o g ro w t o ​21 000 a t an ann u a l in t eres t r a t e o f 6​% i f t h e in t eres t i s co m p o u n d e d q u a r t er l y .

الحلّ

Time : 4.57

خطوات الحلّ

Translate the problem into an equation:

21000 = 16000 (1 + \frac{0.06}{4})^{4 t}

21000 = 16000 (1 + \frac{0.06}{4})^{4 t}, t

حلّ لـ:

t = 4.57

Time : 4.57

أمثلة شائعة

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