de

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Beliebt Word Problems >

Brandon deposited 3600 into a savings account that has an annual simple interest rate of 0.5%. How much is in the account after 5 years?

Lösung

B r an d o n d e p os i t e d 3600 in t o a s a v in g s a cco u n t t ha t ha s an ann u a l s im pl e in t eres t r a t e o f 0.5%. Ho w m u c h i s in t h e a cco u n t a f t er 5 ye a rs ?

Lösung

Amount : 3690

Schritte zur Lösung

Translate the problem into an equation:

A = 3600 (1 + 0.005 \cdot 5)

3600 (1 + 0.005 \cdot 5) = 3690

Amount : 3690

Beliebte Beispiele

Mr. Campbell has 700 with interest rate compounded QUARTERLY at 5% per YEAR for 10 years. What formula you will use to solve the total amount in the account?A pair of standard dice are rolled. Find the probability of rolling a sum of 3 with these dice.Brianna is going to invest in an account paying an interest rate of 3.9% compounded quarterly. How much would Brianna need to invest, to the nearest hundred dollars, for the value of the account to reach 132,000 in 16 years?Jared puts 5,000.00 into an account to use for school expenses. The account earns 2% interest, compounded continuously. How much will be in the account after 7 years?The kreisumfang of a circle is 2pipi cm. Find its radius, in centimeters.