fr

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Populaire >

Find the future value and interest earned if 8706.54 is invested for 8 years at 4% compounded continuously

Solution

Find the future value and interest earned if 8706.54 is invested for 8 years at 4% compounded continuously

Solution

Amount : 11990.02

Interest : 3283.48

étapes des solutions

Translate the problem into an equation:

11990.02 = 8706.54 + I

Solutionner pour

I, 11990.02 = 8706.54 + I : I = 3283.48

Amount : 11990.02

Interest : 3283.48

Exemples populaires

The circonférence of a circle is 16pi kilometers. What is the area?Twice a number added to 5 is equal to 15 . What is the number?7000 are invested in a bank account at an interest rate of 4 percent per year.Find the amount in the bank after 9 years if interest is compounded quarterly The différence between the squares of two consecutive odd numbers Carson is saving up money to buy a car. Carson puts 6,927.00 into an account which earns 8.89% interest, compounded quarterly. How much will he have in the account after 8 years?