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인기 있는 Word Problems >

find the future value of 500.000.00 due in 2 years if the interest rate is 6% compound quarterly

해법

f in d t h e f u t u re v a l u e o f 500.000.00 d u e in 2 ye a rs i f t h e in t eres t r a t e i s 6% co m p o u n d q u a r t er l y

해법

Amount : 563.25

솔루션 단계

Translate the problem into an equation:

A = 500 (1 + \frac{0.06}{4})^{4 \cdot 2}

500 (1 + \frac{0.06}{4})^{4 \cdot 2} = 563.24629 \dots

가장 가까운 hundredth 으로 반올림:

563.25

Amount : 563.25

인기 있는 예

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