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人気のある Word Problems >

Greta puts 300.00 into an account to use for school expenses. The account earns 3% interest, compounded annually. How much will be in the account after 4 years?

解

G re t a p u t s 300.00 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 3% 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 4 ye a rs ?

解

Amount : 337.65

解答ステップ

Translate the problem into an equation:

A = 300 (1 + \frac{0.03}{1})^{1 \cdot 4}

300 (1 + \frac{0.03}{1})^{1 \cdot 4} = 337.652643

最も近い

h u n d re d t h

に四捨五入:

337.65

Amount : 337.65

人気の例

the 差 between a number and 10 The sum of 4 consecutive integers is 6. What is the least of these integers?Find the balance in the account after the given period. 4200 deposit earning 3.9 % compounded monthly, after 3 years.Which number is exactly halfway between 4 7/8 and 5 5/8 ?An initial investment of 5000 grows continuously with an annual interest rate of 3.00%. What will be the value of the account after 4 years?