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Популярное Word Problems >

A person invests 2000 dollars, which increases in value by 7% per year for three years.Calculate the value of the investment after three years.

Решение

A p erso n in v es t s 2000 d o ll a rs, w hi c h in cre a ses in v a l u e b y 7% p er ye a r f or t h ree ye a rs . C a l c u l a t e t h e v a l u e o f t h e in v es t m e n t a f t er t h ree ye a rs .

Решение

Amount : 2420

Шаги решения

Translate the problem into an equation:

A = 2000 (1 + 0.07 \cdot 3)

2000 (1 + 0.07 \cdot 3) = 2420

Amount : 2420

Популярные примеры

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