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人気のある Word Problems >

Find the amount in the account for the given principal, interest rate, time, and compounding period.Pequals3,940, requals5.5%, tequals19 years; compounded monthly

解

F in d t h e am o u n t in t h e a cco u n t f or t h e g i v e n ​ p r in c i p a l, in t eres t ​ r a t e, t im e, an d co m p o u n d in g p er i o d . P e q u a l s ​3, 940​, re q u a l s 5.5​%, t e q u a l s 19 ​ ye a rs; co m p o u n d e d m o n t h l y

解

Amount : 11176.27

解答ステップ

Translate the problem into an equation:

A = 3940 (1 + \frac{0.055}{12})^{12 \cdot 19}

3940 (1 + \frac{0.055}{12})^{12 \cdot 19} = 11176.27495 \dots

最も近い

h u n d re d t h

に四捨五入:

11176.27

Amount : 11176.27

人気の例

Find the two consecutive integers such that three times the smaller integer added to two times the greater integer equals 42 Find two consecutive whole numbers that sqrt(47) lies between.42 decreased by twice a number How much would you need to deposit in an account now in 順序 to have 4000 in the account in 10 years? Assume the account earns 7% interest compounded monthly.The 差 of 10 and a number is-1