it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

How much should be invested now at an interest rate of 5% per year, compounded continuously, to have \$2000 in three years?

Soluzione

Ho w m u c h s h o u l d b e in v es t e d n o w a t an in t eres t r a t e o f 5% p er ye a r, co m p o u n d e d co n t in u o u s l y, t o ha v e $2000 in t h ree ye a rs ?

Soluzione

Principal : 1721.42

Fasi della soluzione

Translate the problem into an equation:

2000 = P e^{0.05 \cdot 3}

Risolvi per

P, 2000 = P e^{0.05 \cdot 3} : P = 1721.42

Principal : 1721.42

Esempi popolari

Find two consecutive whole numbers that sqrt(110) lies between.Carson opened a savings account and deposited 1,000.00. The account earns 14% interest, compounded continuously. If he wants to use the money to buy a new bicycle in 1 year, how much will he be able to spend on the bike?if the area of a square garden is 64 square meters,what is the length of each side joanne is 3 years older than amy . three times joannes age is 15 years more than twice amy age.how old are joanne and amy Janice puts 10,000.00 into an account to use for school expenses. The account earns 1% interest, compounded monthly. How much will be in the account after 6 years?