en

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular Word Problems >

Ngoc invests 13,000 at 12% simple interest for 1 year. How much is in the account at the end of the 1 year period?

Solution

N g oc in v es t s 13, 000 a t 12% s im pl e in t eres t f or 1 ye a r . Ho w m u c h i s in t h e a cco u n t a t t h e e n d o f t h e 1 ye a r p er i o d ?

Solution

Amount : 14560

Solution steps

Translate the problem into an equation:

A = 13000 (1 + 0.12 \cdot 1)

13000 (1 + 0.12 \cdot 1) = 14560

Amount : 14560

Popular Examples

The radius of a circle is 20 cm. Find its circumference in terms of pie an integer is 3 less than 5 times another. if the product of the two integers is 36 then find the integers The difference between two numbers is 9 and the product of the numbers is 162. Find the 2 numbers If 3500 is invested at an interest rate of 8.25% per year, compounded continuously, find the value of the investment after 2 years Jenny opened a savings account and deposited 1,016.00 as principal. The account earns 8.61% interest, compounded quarterly. What is the balance after 10 years?