es

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular Word Problems >

Sidney is saving up money to buy a car. Sidney puts 10,000.00 into an account which earns 14% interest, compounded annually. How much will she have in the account after 10 years?

Solución

S i d n ey i s s a v in g u p m o n ey t o b u y a c a r . S i d n ey p u t s 10, 000.00 in t o an a cco u n t w hi c h e a r n s 14% in t eres t, co m p o u n d e d ann u a ll y . Ho w m u c h w i ll s h e ha v e in t h e a cco u n t a f t er 10 ye a rs ?

Solución

Amount : 37072.21

Pasos de solución

Translate the problem into an equation:

A = 10000 (1 + \frac{0.14}{1})^{1 \cdot 10}

10000 (1 + \frac{0.14}{1})^{1 \cdot 10} = 37072.21314 \dots

Redondear al más cercano hundredth:

37072.21

Amount : 37072.21

Ejemplos populares

The circunferencia of a circle is 10pi in. What is the area, in square inches? Express your answer in terms of pipi.25 is 35 percent of what number The lion population in a certain reserve drops by 5% every year. Currently, the population's size is 200. Write a function that gives the lion population size, , years from today.Joe buys a shirt on sale for 14.50, The sale is 20% off, What is the original price Darren invests 4, 500 into an account that earns 5% annual interest. How much will be in the account after 10 years if the interest rate is compounded quarterly?