it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

Hannah opened a savings account and deposited 600.00 as principal. The account earns 14% interest, compounded annually. What is the balance after 8 years?

Soluzione

H annah o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 600.00 a s p r in c i p a l . T h e a cco u n t e a r n s 14% in t eres t, co m p o u n d e d ann u a ll y . Wha t i s t h e ba l an ce a f t er 8 ye a rs ?

Soluzione

Amount : 1711.55

Fasi della soluzione

Translate the problem into an equation:

A = 600 (1 + \frac{0.14}{1})^{1 \cdot 8}

600 (1 + \frac{0.14}{1})^{1 \cdot 8} = 1711.55185 \dots

Arrotondare all' hundredth più vicino:

1711.55

Amount : 1711.55

Esempi popolari

Ben is 4 times as old as Ishaan and is also 6 years older than Ishaan.A product sells at a regular price of 120 which is on sale for 65% off the regular price. Find the sale price. Be sure to round your answer to the nearest cent.Darren is 6 years older than Lee. Barry is 9. Harper is 3 years younger than Barry and 1 year younger than Lee. How old is Lee?Find the area of the segment of a cerchio whose radius is 5 feet, formed by a central angle of 55^{\circ}.The circonferenza of a circular garden is 116.18 feet. What is the diameter of the garden? Use for and do not round your answer.