es

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular Word Problems >

Lena puts 1,000.00 into an account to use for school expenses. The account earns 1% interest, compounded continuously. How much will be in the account after 9 years?

Solución

L e na p u t s 1, 000.00 in t o an a cco u n t t o u se f or sc h oo l e x p e n ses . T h e a cco u n t e a r n s 1% in t eres t, co m p o u n d e d co n t in u o u s l y . Ho w m u c h w i ll b e in t h e a cco u n t a f t er 9 ye a rs ?

Solución

Amount : 1094.17

Pasos de solución

Translate the problem into an equation:

A = 1000 e^{0.01 \cdot 9}

1000 e^{0.01 \cdot 9} = 1094.17428 \dots

Redondear al más cercano hundredth:

1094.17

Amount : 1094.17

Ejemplos populares

The área of a rectangular window is 5394cm^2 :If the length of the window is 87cm , what is its width?The sum of the squares of two consecutive positive odd integers is 202. find the integers.Calculate the simple interest rate used if 4350 was earned on a 19000 investment over 8 years 14.Find the values for the following: An initial 500 compounded for 2 years at 6% percent Subtract 18 from the product of 2 and a number.