פתרון
4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 29 years, to the nearest cent?
פתרון
צעדי פתרון
Translate the problem into an equation:
דוגמאות פופולריות
Luther opened a savings account and deposited 200.00. The account earns 13% interest, compounded continuously. If he wants to use the money to buy a new bicycle in 1 year, how much will he be able to spend on the bike?If a hat costs 4.20 after a 40% discount, what was its original price?One number is 3 more than twice the other number. If the sum of the two numbers is 18, find the two numbers.Joshua invested 97,000 in an account paying an interest rate of 6% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 8 years?Santiago is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Santiago need to invest, to the nearest dollar, for the value of the account to reach 320 in 14 years?