5100 dollars is placed in an account with an annual interest rate of 7%. To the nearest year, how long will it take for the account value to reach 13500 dollars?

Lời Giải

Lời Giải

Time : 23.53

Các bước giải pháp

Translate the problem into an equation:

13500 = 5100 (1 + 0.07 t)

Giải

t, 13500 = 5100 (1 + 0.07 t) : t = 23.53

Time : 23.53

Ví dụ phổ biến

tell whether the number is rational or not 1/7 2/3 of a number is 12. Find the number.the product of 8 and a number is 81 find the number Three subtracted from eleven times a number is 261. What is the number Ron opened a savings account and deposited 500.00 as principal. The account earns 15% interest, compounded continuously. What is the balance after 8 years?