vi

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Phổ biến Word Problems >

Angela deposits 4500 into an account with an APR of 3.3% for 8 years. Find the future value of the account if interest is compounded weekly. Round your answer to two decimal places.

Lời Giải

A n g e l a d e p os i t s 4500 in t o an a cco u n t w i t h an A PR o f 3.3% f or 8 ye a rs . F in d t h e f u t u re v a l u e o f t h e a cco u n t i f in t eres t i s co m p o u n d e d w ee k l y . R o u n d yo u r an s w er t o tw o d ec ima l pl a ces .

Lời Giải

Amount : 5859.09

Các bước giải pháp

Translate the problem into an equation:

A = 4500 (1 + \frac{0.033}{52})^{52 \cdot 8}

4500 (1 + \frac{0.033}{52})^{52 \cdot 8} = 5859.08625 \dots

Amount : 5859.08625 \dots

Làm tròn

5859.08625 \dots

tới gần nhất 2 decimal places:

5859.09

Amount : 5859.09

Ví dụ phổ biến

The hiệu between five and twice a number, x, is one.the hiệu between seven and the product of five and a number is thirty-seven 60 is 25% of what number A couple deposits 15,000into an account earning 5% annual interest for 20 years. Calculate the future value of the investment if the interest is compounded weekly. Round your answer to the nearest cent.The product of two consecutive positive even integers is 528. Find the two integers.