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Populaire Word Problems >

juilo invest 15,000 in a savings that pays %1.5 how much will be in the account after 5 years if julio makes no withdraws or deposits

Solution

j u i l o in v es t 15, 000 in a s a v in g s t ha t p a ys %1.5 h o w m u c h w i ll b e in t h e a cco u n t a f t er 5 ye a rs i f j u l i o mak es n o w i t h d r a w s or d e p os i t s

Solution

Amount : 16125

étapes des solutions

Translate the problem into an equation:

A = 15000 (1 + 0.015 \cdot 5)

15000 (1 + 0.015 \cdot 5) = 16125

Amount : 16125

Exemples populaires

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