he

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

פּוֹפּוּלָרִי Word Problems >

Suppose that 17,000 is deposited for eight years at 5% APR. Calculate the interest earned if interest is compounded weekly. Round your answer to the nearest cent.

פתרון

S u pp ose t ha t 17, 000 i s d e p os i t e d f or e i g h t ye a rs a t 5% A PR . C a l c u l a t e t h e in t eres t e a r n e d 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 t h e n e a res t ce n t .

פתרון

Interest : 8356.15

צעדי פתרון

Translate the problem into an equation:

25356.14633 \dots = 17000 + I

25356.14633 \dots = 17000 + I, I

פתור בשביל:

I = 8356.15

Interest : 8356.15

דוגמאות פופולריות

Cheko bought a cake at a discount of 25%.After discount, the price is 33.How much did the cake cost less than the usual price?Determine the simple interest owed on 740 for 5 years at a rate of 15.5%.the page numbers showing on an open book are consecutive integers with a sum of 237. Find the two page numbers.A sum of 1000 was invested for 4 years, and the interest was compounded semiannually. If this sum amounted to 1452.87 in the given time, what was the interest rate?The \sqrt[3]{-9} is between which two consecutive integers?: 10\quad and