fr

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Populaire Word Problems >

Zack opened a savings account 4 years ago. The account earns 14% interest, compounded continuously. If the current balance is 800.00, how much did he deposit initially?

Solution

Z a c k o p e n e d a s a v in g s a cco u n t 4 ye a rs a g o . T h e a cco u n t e a r n s 14% in t eres t, co m p o u n d e d co n t in u o u s l y . I f t h e c u rre n t ba l an ce i s 800.00, h o w m u c h d i d h e d e p os i t ini t ia ll y ?

Solution

Principal : 456.97

étapes des solutions

Translate the problem into an equation:

800 = P e^{0.14 \cdot 4}

Solutionner pour

P, 800 = P e^{0.14 \cdot 4} : P = 456.97

Principal : 456.97

Exemples populaires

Teresa went for a drive in her new car. She drove for 339.2 miles at a speed of 53 miles per hour. For how many hours did she drive?Use multiplier method to decrease 262 by 39%ten decreased by a number is two If 2500 is invested in an account that pays interest compounded continuously, how long will it take to grow to 5000 at 4%?if there is 300 people what would 75 percent be