it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

Roy puts 1,000.00 into an account to use for school expenses. The account earns 15% interest, compounded annually. How much will be in the account after 5 years?

Soluzione

R oy p u t s 1, 000.00 in t o an a cco u n t t o u se f or sc h oo l e x p e n ses . T h e a cco u n t e a r n s 15% in t eres t, co m p o u n d e d ann u a ll y . Ho w m u c h w i ll b e in t h e a cco u n t a f t er 5 ye a rs ?

Soluzione

Amount : 2011.36

Fasi della soluzione

Translate the problem into an equation:

A = 1000 (1 + \frac{0.15}{1})^{1 \cdot 5}

1000 (1 + \frac{0.15}{1})^{1 \cdot 5} = 2011.35718 \dots

Arrotondare all' hundredth più vicino:

2011.36

Amount : 2011.36

Esempi popolari

calculate the area of a cerchio with a radius of 4 units what sit he result when the number 45 increased by 57%Seven times a number is equal to 55.8 more than the number.The population of a city increases by 4.1% per year. If this year's population is 361,000, what will next year's population be, to the nearest individual?the differenza of two numbers is 18 and their sum is 90 find the two numbers