it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

Suppose that 65000 is placed in an account that pays 17% interest compounded each year.Assume that no withdrawals are made from the account. find the amount in the account at the end of 1 year.

Soluzione

S u pp ose t ha t 65000 i s pl a ce d in an a cco u n t t ha t p a ys 17% in t eres t co m p o u n d e d e a c h ye a r . A ss u m e t ha t n o w i t h d r a w a l s a re ma d e f ro m t h e a cco u n t . f in d t h e am o u n t in t h e a cco u n t a t t h e e n d o f 1 ye a r .

Soluzione

Amount : 76050

Fasi della soluzione

Translate the problem into an equation:

A = 65000 (1 + \frac{0.17}{1})^{1 \cdot 1}

65000 (1 + \frac{0.17}{1})^{1 \cdot 1} = 76050

Amount : 76050

Esempi popolari

The diameter of a circle is 12 m. Find its circonferenza in terms of pipi.What is the volume of a sphere with a diametro of 57.1 cm, rounded to the nearest tenth of a cubic centimeter?2 coins is tossed 7 times. What is the probability of 2 tails and 1 heads?What is the product of 3sqrt(6)cis((pi)/8) and 2sqrt(5)cis((7pi)/6)?You jogged 11 kilometers at an media speed of 10 kilometers per hour. How long did you jog?