it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

Determine the future value if 750 is invested at 7.25% for 4 years compounded annually Determine the amount of interest above.

Soluzione

De t er min e t h e f u t u re v a l u e i f 750 i s in v es t e d a t 7.25% f or 4 ye a rs co m p o u n d e d ann u a ll y De t er min e t h e am o u n t o f in t eres t ab o v e .

Soluzione

Amount : 992.32

Fasi della soluzione

Translate the problem into an equation:

A = 750 (1 + \frac{0.0725}{1})^{1 \cdot 4}

750 (1 + \frac{0.0725}{1})^{1 \cdot 4} = 992.31708 \dots

Arrotondare all' hundredth più vicino:

992.32

Amount : 992.32

Esempi popolari

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?Five times the differenza of twice a number and 6 is-2 three more than the product of a number and 4 is equal to 2 Acar is travelling at a constant speed of 68km/h How far will it travel in 3.5 hours?fourteen less than two times a number x is twenty six