it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

An initial investment of 5000 grows continuously with an annual interest rate of 3.00%. What will be the value of the account in 4 years.

Soluzione

A n ini t ia l in v es t m e n t o f 5000 g ro w s co n t in u o u s l y w i t h an ann u a l in t eres t r a t e o f 3.00%. Wha t w i ll b e t h e v a l u e o f t h e a cco u n t in 4 ye a rs .

Soluzione

Amount : 5600

Fasi della soluzione

Translate the problem into an equation:

A = 5000 (1 + 0.03 \cdot 4)

5000 (1 + 0.03 \cdot 4) = 5600

Amount : 5600

Esempi popolari

the sum of 2 times a number and-7, added to 5 times the number the quotient of a number cubed and five 19 more than jose's age is 60 A circular trampoline has a raggio of 8 feet. To the nearest square foot, what is the area of the trampoline?The sum of 5 consecutive integers is 270 .What is the second number in this sequence?