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人気のある Word Problems >

Suppose an investment earns 1.8% interest compounded continuously. Find the future value of a 5800 investment after 15 years. Round your answer to the nearest cent, if necessary.

解

S u pp ose an in v es t m e n t e a r n s 1.8% in t eres t co m p o u n d e d co n t in u o u s l y . F in d t h e f u t u re v a l u e o f a 5800 in v es t m e n t a f t er 15 ye a rs . R o u n d yo u r an s w er t o t h e n e a res t ce n t, i f n ecess a ry .

解

Amount : 7597.79

解答ステップ

Translate the problem into an equation:

A = 5800 e^{0.018 \cdot 15}

5800 e^{0.018 \cdot 15} = 7597.79381 \dots

最も近い

h u n d re d t h

に四捨五入:

7597.79

Amount : 7597.79

人気の例

In 1 year, Debbie wants to buy a bicycle that costs 2,000.00. If she opens a savings account that earns 12% interest compounded continuously, how much will she have to deposit as principal to have enough money in 1 year to buy the bike?get the number (10)/(27*(5)^{8/3)}the quotient of a number x and 10 is greater than 65 Bert earned some money doing odd jobs last summer and put it in a savings account that earns 5% interest compounded quarterly. After 4 years, there is 1,000.00 in the account. How much did Bert earn doing odd jobs?Sophia is saving up money to buy a car. Sophia puts 8,000.00 into an account which earns 2% interest, compounded annually. How much will she have in the account after 8 years?