Angie is saving up money to buy a car. Angie puts 5,487.00 into an account which earns 2.67% interest, compounded monthly. How much will she have in the account after 5 years?

解

Angie is saving up money to buy a car. Angie puts 5, 487.00 into an account which earns 2.67% interest, compounded monthly. How much will she have in the account after 5 years?

解

Amount : 6269.73

解答ステップ

Translate the problem into an equation:

A = 5487 (1 + \frac{0.0267}{12})^{12 \cdot 5}

5487 (1 + \frac{0.0267}{12})^{12 \cdot 5} = 6269.73042 \dots

最も近い

h u n d re d t h

に四捨五入:

6269.73

Amount : 6269.73

Angie is saving up money to buy a car. Angie puts 5,487.00 into an account which earns 2.67% interest, compounded monthly. How much will she have in the account after 5 years?

解

解

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