ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

Janelle puts 200.00 into an account to use for school expenses. The account earns 13% interest, compounded annually. How much will be in the account after 10 years?

Решение

J an e ll e p u t s 200.00 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 10 ye a rs ?

Решение

Amount : 678.91

Шаги решения

Translate the problem into an equation:

A = 200 (1 + \frac{0.13}{1})^{1 \cdot 10}

200 (1 + \frac{0.13}{1})^{1 \cdot 10} = 678.91347 \dots

Округлите до ближайшего hundredth:

678.91

Amount : 678.91

Популярные примеры

Rosie is four times as old as her son. She is also 24 years older than her son. How old is Rosie's son?a number more than 20 the product of a number and-8 is 72 In 3 years, Farid wants to buy a bicycle that costs 800.00. If he opens a savings account that earns 10% interest compounded continuously, how much will he have to deposit as principal to have enough money in 3 years to buy the bike?WHAT IS THE AREA OF A SQUARE WHOSE PERIMETER IS 48