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Beliebt Word Problems >

Belvedere opens a savings account with 48 that earns 9.1% interest per year, not compounded. How much money, to the nearest penny, will Belvedere have in 1 year?

Lösung

B e l v e d ere o p e n s a s a v in g s a cco u n t w i t h 48 t ha t e a r n s 9.1% in t eres t p er ye a r, n o t co m p o u n d e d . Ho w m u c h m o n ey, t o t h e n e a res t p e nn y, w i ll B e l v e d ere ha v e in 1 ye a r ?

Lösung

Principal : 44

Schritte zur Lösung

Translate the problem into an equation:

48 = P (1 + 0.091 \cdot 1)

Löse nach

P, 48 = P (1 + 0.091 \cdot 1) : P = 44

Principal : 44

Beliebte Beispiele

Dianne is 23 years older than her daughter Amy. In 6 years, Dianne will be twice as old as AMy. How old is Diane?22 is 30% of what number?Jayden opened a savings account and deposited 100.00 as principal. The account earns 15% interest, compounded annually. What is the balance after 5 years?seven more than six times a number is negative forty-seven.The sum of two consecutive numbers is 72 . What are the numbers?