en

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular Word Problems >

Find the final value if 5500 is invested for 4 years at 7.5% p.a

Solution

solve for

t h e f ina l v a l u e i f 5500 i s in v es t e d f or 4 ye a rs a t 7.5% p . a

Solution

Amount : 7150

Solution steps

Translate the problem into an equation:

A = 5500 (1 + 0.075 \cdot 4)

5500 (1 + 0.075 \cdot 4) = 7150

Amount : 7150

Popular Examples

luna sold her surfboard for 75 making a loss of 20% what was the original cost price Find the future value and interest earned if 8706.54 is invested for 7 years at 6% compounded semiannually The circumference of a circle is 17pi in. What is the area, in square inches? Express your answer in terms of pipi.Find two consecutive whole numbers that \sqrt[3]{150} lies between.46 decreased by twice a number