ko

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

인기 있는 Word Problems >

Justine puts 9,902.00 into an account to use for school expenses. The account earns 9% interest, compounded quarterly. How much will be in the account after 7 years?

해법

J u s t in e p u t s 9, 902.00 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 9% 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 7 ye a rs ?

해법

Amount : 18462.72

솔루션 단계

Translate the problem into an equation:

A = 9902 (1 + \frac{0.09}{4})^{4 \cdot 7}

9902 (1 + \frac{0.09}{4})^{4 \cdot 7} = 18462.72449 \dots

가장 가까운 hundredth 으로 반올림:

18462.72

Amount : 18462.72

인기 있는 예

The diameter of a circle is 10 in. Find its 원둘레 in terms of pi Seven increased by the product of a number and 6 is greater than-18.A circular pizza that is 16 inches in 지름 is cut into 6 equal slices. What is the area of one of the slices?Determine the future value if 750 is invested at 7.25% for 4 years compounded annually Determine the amount of interest above.Moneysaver's Bank offers a savings account that earns 2.5% interest per year, compounded continuously. If Christine deposits 3300, how much will she have in the account after two years, assuming she makes no withdrawals?