fr

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Populaire Word Problems >

Heather puts 700.00 into an account to use for school expenses. The account earns 13% interest, compounded annually. How much will be in the account after 9 years?

Solution

He a t h er p u t s 700.00 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 13% in t eres t, co m p o u n d e d ann u a ll 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 ?

Solution

Amount : 2102.83

étapes des solutions

Translate the problem into an equation:

A = 700 (1 + \frac{0.13}{1})^{1 \cdot 9}

700 (1 + \frac{0.13}{1})^{1 \cdot 9} = 2102.82935 \dots

Arrondir à hundredth la plus proche:

2102.83

Amount : 2102.83

Exemples populaires

Find the area of a circle with a circonférence of 11pift the sum of a number and 12 is 42 The sum of two numbers is 37. One number is 9 less than the other. Find the numbers.The radius of a cercle is 20 cm. Find its area in terms of pipi In ordonner to pay for college, the parents of a child invest 10,000 in a bond that pays 8% interest compounded semiannually. How much money will there be in 21 years? Round your answer to the nearest cent.