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Популярное Word Problems >

If you invest 2000 at 6% interest compounded semi-annually, how much will be in the account after 5 years?

Решение

I f yo u in v es t 2000 a t 6% in t eres t co m p o u n d e d se mi - ann u a ll y, 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 ?

Решение

Amount : 2687.83

Шаги решения

Translate the problem into an equation:

A = 2000 (1 + \frac{0.06}{2})^{2 \cdot 5}

2000 (1 + \frac{0.06}{2})^{2 \cdot 5} = 2687.83275 \dots

Округлите до ближайшего hundredth:

2687.83

Amount : 2687.83

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The sum of eight times a number, and 6 , is equal to seven times the number.:Write the above sentence as an equation.the sum of two numbers is 45. The larger number is 4 times the smaller number. find the two numbers 30 is 60% of what number?A number x is less than twelve Tiana opened a savings account and deposited 700.00 as principal. The account earns 2% interest, compounded annually. What is the balance after 2 years?