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Jamie opened a savings account and deposited 800.00 as principal. The account earns 13% interest, compounded monthly. How much interest will he earn after 10 years?

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解答

Jamieopenedasavingsaccountanddeposited800.00asprincipal.Theaccountearns13%interest,compoundedmonthly.Howmuchinterestwillheearnafter10years?

解答

Interest:2114.99
求解步骤
Translate the problem into an equation:2914.98661…=800+I
求解 I,2914.98661…=800+I:I=2114.99
Interest:2114.99

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Sheri can invest at 9.3% in a continuous interest account. She would like to have 500,000 at the end of 10 years. How much money should she invest?The radius of a circle is 4 inches. What is the circle's 周长?Lakeside's current population is 280,421 residents, which is 5% smaller than at the time of its founding. What was the population of Lakeside back then?49 decreased by twice a numberDetermine the simple interest for this loan-round your answer to the nearest cent:9,698.17 at 4.51% for 63 years.
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