it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

Nancy is investing 27,000 in an account paying 7.25% interest compounded weekly.What will Nancy's account balance be in 24 years?

Soluzione

N an cy i s in v es t in g 27, 000 in an a cco u n t p a y in g 7.25% in t eres t co m p o u n d e d w ee k l y . Wha t w i ll N an c y^{'} s a cco u n t ba l an ce b e in 24 ye a rs ?

Soluzione

Amount : 153641.97

Fasi della soluzione

Translate the problem into an equation:

A = 27000 (1 + \frac{0.0725}{52})^{52 \cdot 24}

27000 (1 + \frac{0.0725}{52})^{52 \cdot 24} = 153641.96783 \dots

Arrotondare all' hundredth più vicino:

153641.97

Amount : 153641.97

Esempi popolari

What is the original price of an item that costs 36 after a 20% discount?6500 is 7/10 of a number. what is the number?The sum of consecutive odd numbers is 204 .What is the fourth number in this sequence?The sum of the squares of two positive consecutive even integers is 1060. What are the two integers?60 is 60% of what number