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인기 있는 Word Problems >

Suppose an investment earns 3.2% interest compounded continuously. Find the future value of a 5400 investment after 19 years. Round your answer to the nearest cent, if necessary.

해법

S u pp ose an in v es t m e n t e a r n s 3.2% in t eres t co m p o u n d e d co n t in u o u s l y . F in d t h e f u t u re v a l u e o f a 5400 in v es t m e n t a f t er 19 ye a rs . R o u n d yo u r an s w er t o t h e n e a res t ce n t, i f n ecess a ry .

해법

Amount : 9918.47

솔루션 단계

Translate the problem into an equation:

A = 5400 e^{0.032 \cdot 19}

5400 e^{0.032 \cdot 19} = 9918.47275 \dots

가장 가까운 hundredth 으로 반올림:

9918.47

Amount : 9918.47

인기 있는 예

the 차이 of a number and 8 The sum of 3 times a number and 6 is equal to 18 An eagle is 4 times as old as a falcon. Three years ago, the eagle was 7 times as old as the falcon. Find the present age of each bird.you deposit 10,000 into an account that compounds weekly with an annual rate of 5.2%, How much money will be in the account in 6 years?35 is 7% of what number