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인기 있는 Word Problems >

Stacy invested 3400 at 18% to be compounded annually. What will be the value of Stacy's investment in 4 years?

해법

St a cy in v es t e d 3400 a t 18% t o b e co m p o u n d e d ann u a ll y . Wha t w i ll b e t h e v a l u e o f St a c y^{'} s in v es t m e n t in 4 ye a rs ?

해법

Amount : 6591.84

솔루션 단계

Translate the problem into an equation:

A = 3400 (1 + \frac{0.18}{1})^{1 \cdot 4}

3400 (1 + \frac{0.18}{1})^{1 \cdot 4} = 6591.844384

가장 가까운 hundredth 으로 반올림:

6591.84

Amount : 6591.84

인기 있는 예

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