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인기 있는 Word Problems >

Katy opened a savings account and deposited 1,521.00 as principal. The account earns 6% interest, compounded annually. What is the balance after 5 years?

해법

K a t y o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 1, 521.00 a s p r in c i p a l . T h e a cco u n t e a r n s 6% in t eres t, co m p o u n d e d ann u a ll y . Wha t i s t h e ba l an ce a f t er 5 ye a rs ?

해법

Amount : 2035.44

솔루션 단계

Translate the problem into an equation:

A = 1521 (1 + \frac{0.06}{1})^{1 \cdot 5}

1521 (1 + \frac{0.06}{1})^{1 \cdot 5} = 2035.44110 \dots

가장 가까운 hundredth 으로 반올림:

2035.44

Amount : 2035.44

인기 있는 예

five less than twice a number is 7 the sum of 7 and a number is 23.The sum of three consecutive integers is minus,−51. Find the value of the middle of the three.kyle can make 2 cookies in three hours what is the 구성 단위 rate of cookies he makes per hour You deposit 200 in an account that earns simple interest at an annual rate of 5.2%.How much money is in the account after 5 years?