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شائع Word Problems >

Chandler has 30 in an account that earns 10% interest compounded annually.To the nearest cent, how much interest will he earn in 2 years?

الحلّ

C han d l er ha s 30 in an a cco u n t t ha t e a r n s 10% in t eres t co m p o u n d e d ann u a ll y . T o t h e n e a res t ce n t, h o w m u c h in t eres t w i ll h e e a r n in 2 ye a rs ?

الحلّ

Interest : 6.3

خطوات الحلّ

Translate the problem into an equation:

36.3 = 30 + I

36.3 = 30 + I, I

حلّ لـ:

I = 6.3

Interest : 6.3

أمثلة شائعة

10 more than a number is greater than or equal to 43 When a number is decreased by 5, the result is ¡4.You deposit 60 in an investment account that earns 2.1% annual interest compounded annually.What is the balance of the account after 8 years?The sum of 3 consecutive even numbers is 132 .What is the third number in this sequence?What is the volume of a sphere with a radius of 41.8 in, rounded to the nearest tenth of a cubic inch?