fr

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Populaire Word Problems >

Jack has 1,331 in an account that earns 5% interest compounded annually.To the nearest cent, how much will he have in 3 years?

Solution

J a c k ha s 1, 331 in an a cco u n t t ha t e a r n s 5% in t eres t co m p o u n d e d ann u a ll y . T o t h e n e a res t ce n t, h o w m u c h w i ll h e ha v e in 3 ye a rs ?

Solution

Amount : 1540.8

étapes des solutions

Translate the problem into an equation:

A = 1331 (1 + \frac{0.05}{1})^{1 \cdot 3}

1331 (1 + \frac{0.05}{1})^{1 \cdot 3} = 1540.798875

Arrondir à hundredth la plus proche:

1540.8

Amount : 1540.8

Exemples populaires

The radius of a cercle is 19cm Find its area in terms of pi circle has radius 5.6cm :Work out the circonférence of the circle.The sales tax is 6%. What was the cost for your meal before the sales tax became to be a 0.87 Two buses leave a station at the same time and travel in opposite directions. One bus travels 13 mph faster than the other. If the two buses are 666 miles apart after 6 hours, what is the rate of each bus?twice the différence of a number and 4 is 7