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פּוֹפּוּלָרִי Word Problems >

Find the accumulated value of an investment of 1000 at 5% compounded continuously for 5 years.

פתרון

F in d t h e a cc u m u l a t e d v a l u e o f an in v es t m e n t o f 1000 a t 5% co m p o u n d e d co n t in u o u s l y f or 5 ye a rs .

פתרון

Amount : 1284.03

צעדי פתרון

Translate the problem into an equation:

A = 1000 e^{0.05 \cdot 5}

1000 e^{0.05 \cdot 5} = 1284.02541 \dots

Round to the nearest hundredth:

1284.03

Amount : 1284.03

דוגמאות פופולריות

the sum of 8 times a number and 9 is 2 The radius of a circle is 9 m. Find its area in terms of pi.Arianna invests 5800 in a new savings account which earns 5.0% annual interest, compounded continuously. What will be the value of her investment after 4 years? Round to the nearest cent.9000 dollars is invested for 3 years with an APR of 2% and daily compounding. what is the balance in the account after 3 years Two less than the product of 19 and a number