ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

Ryan invested 5000 in an account that grows continuously at an annual rate of 2.5%. Write the function that represents the situation, where A is the value of Ryan's investment after t years.

Решение

R y an in v es t e d 5000 in an a cco u n t t ha t g ro w s co n t in u o u s l y a t an ann u a l r a t e o f 2.5%. W r i t e t h e f u n c t i o n t ha t re p rese n t s t h e s i t u a t i o n, w h ere A i s t h e v a l u e o f R y a n^{'} s in v es t m e n t a f t er t ye a rs .

Решение

Amount before addition : 4878.04878 \dots

Шаги решения

Translate the problem into an equation:

5000 = x + 0.025 x

5000 = x + 0.025 x : x = \frac{200000}{41}

\frac{200000}{41} = 4878.04878 \dots

Amount before addition : 4878.04878 \dots

Популярные примеры

You want to have 300,000 when you retire in 20 years. If you can earn 6% interest compounded monthly, how much would you need to deposit now into the account to reach your retirement goal?Miko's age seven years from now will be three less than twice his age three years ago. Find Miko's present age.Austen and Molly deposit 800.00 into a savings account which earns 2% interest compounded annually. They want to use the money in the account to go on a trip in 2 years. How much will they be able to spend?Arianna invests 5600 in a new savings account which earns 5.3% annual interest, compounded continuously. What will be the value of her investment after 9 years? Round to the nearest cent.Diane opened a savings account and deposited 9,278.00 as principal. The account earns 3.11% interest, compounded quarterly. What is the balance after 4 years?