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인기 있는 Word Problems >

Pam puts 500.00 into an account to use for school expenses. The account earns 11% interest, compounded quarterly. How much will be in the account after 9 years?

해법

P am p u t s 500.00 in t o an a cco u n t t o u se f or sc h oo l e x p e n ses . T h e a cco u n t e a r n s 11% in t eres t, co m p o u n d e d q u a r t er l y . Ho w m u c h w i ll b e in t h e a cco u n t a f t er 9 ye a rs ?

해법

Amount : 1327.75

솔루션 단계

Translate the problem into an equation:

A = 500 (1 + \frac{0.11}{4})^{4 \cdot 9}

500 (1 + \frac{0.11}{4})^{4 \cdot 9} = 1327.74875 \dots

가장 가까운 hundredth 으로 반올림:

1327.75

Amount : 1327.75

인기 있는 예

Four times the sum of twice a number, x, and four is sixteen.The diameter of a circle is 6 inches. What is the 원둘레? Give the exact answer in simplest form. inches find the proceeds for the simple discount note with a face value \text{14200, discount rate 11% and time 40 days:}Twice the 차이 of a number and 3 is at most-30 Emma thinks of a whole number.Rounded to the nearest 10, her number is 850.Rounded to 1 significant figure, her number is 800.a