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人気のある Word Problems >

Brody opened a savings account and deposited 1,347.00 as principal. The account earns 11.29% interest, compounded annually. What is the balance after 4 years?

解

B ro d y o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 1, 347.00 a s p r in c i p a l . T h e a cco u n t e a r n s 11.29% in t eres t, co m p o u n d e d ann u a ll y . Wha t i s t h e ba l an ce a f t er 4 ye a rs ?

解

Amount : 2066.29

解答ステップ

Translate the problem into an equation:

A = 1347 (1 + \frac{0.1129}{1})^{1 \cdot 4}

1347 (1 + \frac{0.1129}{1})^{1 \cdot 4} = 2066.29424 \dots

最も近い

h u n d re d t h

に四捨五入:

2066.29

Amount : 2066.29

人気の例

Rob opened a savings account 3 years ago. The account earns 14% interest, compounded quarterly. If the current balance is 300.00, how much did he deposit initially?3,000 and earns 4.1% interest compounded quarterly.What will the account be worth in 2 years?three more than the quotient of a number and 6 is equal to 7 Danny is 28 years younger than Trudy. Rose is 36. Ariana is 25 years younger than Rose and 57 years younger than Trudy. How old is Danny?Angela deposits 1000 into an account with an APR of 3.1% for 10 years. Find the future value of the account if interest is compounded monthly. Round your answer to the nearest hundredth, if necessary.