Lời Giải
Find the time required for an investment of 16 000 to grow to 21 000 at an annual interest rate of 6% if the interest is compounded yearly.
Lời Giải
Các bước giải pháp
Translate the problem into an equation:
Giải
Ví dụ phổ biến
The chu vi of a circle is 12.56 miles. what is the circles diameterDana opened a savings account and deposited 600.00. The account earns 1% interest, compounded annually. If she wants to use the money to buy a new bicycle in 3 years, how much will she be able to spend on the bike?principal of 4600 is invested at 4.5%, interest compounded annually. How much will the investment be worth after 6 years?Use the calculator provided and round your answer to the nearest dollar.John placed 2,000 in a savings account which compounds interest annually at a rate of 4.3% . How much will he have in the account after 3 years?Find two consecutive whole numbers that lies sqrt(21) between.