ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

Diane opened a savings account and deposited 9,278.00 as principal. The account earns 3.11% interest, compounded quarterly. What is the balance after 4 years?

Решение

D ian e o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 9, 278.00 a s p r in c i p a l . T h e a cco u n t e a r n s 3.11% in t eres t, co m p o u n d e d q u a r t er l y . Wha t i s t h e ba l an ce a f t er 4 ye a rs ?

Решение

Amount : 10501.99

Шаги решения

Translate the problem into an equation:

A = 9278 (1 + \frac{0.0311}{4})^{4 \cdot 4}

9278 (1 + \frac{0.0311}{4})^{4 \cdot 4} = 10501.99137 \dots

Округлите до ближайшего hundredth:

10501.99

Amount : 10501.99

Популярные примеры

A store pays 46 for a ceramic vase.The store marks up the price by 15%.What is the amount of the mark-up?Hector opened a savings account and deposited 2,289.00. The account earns 8% interest, compounded quarterly. If he wants to use the money to buy a new bicycle in 2 years, how much will he be able to spend on the bike?Cel is 24 years younger than Joyce. In 2 years, Cel will be 1/(3) times as old as Joyce. How old are they 5 years ago?Solve.:2.8 is 14% of what number?Twice a number decreased by 30 is 50. What is the number?