he

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

פּוֹפּוּלָרִי Word Problems >

Rosanne is saving up money to buy a car. Rosanne puts 10,000.00 into an account which earns 2% interest, compounded annually. How much will she have in the account after 3 years?

פתרון

R os ann e i s s a v in g u p m o n ey t o b u y a c a r . R os ann e p u t s 10, 000.00 in t o an a cco u n t w hi c h e a r n s 2% 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 s h e ha v e in t h e a cco u n t a f t er 3 ye a rs ?

פתרון

Amount : 10612.08

צעדי פתרון

Translate the problem into an equation:

A = 10000 (1 + \frac{0.02}{1})^{1 \cdot 3}

10000 (1 + \frac{0.02}{1})^{1 \cdot 3} = 10612.08

Amount : 10612.08

דוגמאות פופולריות

how long does it take a principal of 25 000 pesos at a simple interest rate of 5 percent to become 30 000 pesos A principal of 6400 is deposited at 5% for 9 years. What will be the compound amount at the compound interest if the interest is compounded? a. Annually b. Semi-annually c. Quarterly d. Monthly How much simple interest is earned on 1,531 deposited in a bank for 6 years at 3% annual interest rate? You would earn in interest. If necessary, round to the nearest cent.Four consecutive even integers sum to-4. What are the integers?Kevin is 2 times as old as Gabriela. 12 years ago, Kevin was 6 times as old as Gabriela.How old is Kevin now?