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人気のある Word Problems >

You deposit 1500 in an account that pays 7% annual interest. Find the balance after 2 years when the interest is compounded daily.

解

Y o u d e p os i t 1500 in an a cco u n t t ha t p a ys 7% ann u a l in t eres t . F in d t h e ba l an ce a f t er 2 ye a rs w h e n t h e in t eres t i s co m p o u n d e d d ai l y .

解

Amount : 1725.39

解答ステップ

Translate the problem into an equation:

A = 1500 (1 + \frac{0.07}{365})^{365 \cdot 2}

1500 (1 + \frac{0.07}{365})^{365 \cdot 2} = 1725.38753 \dots

最も近い

h u n d re d t h

に四捨五入:

1725.39

Amount : 1725.39

人気の例

Seven less than the product of 5 and a number is equal to 6 Arianna invests 5400 in a new savings account which earns 5.6% annual interest, compounded semi-annually. What will be the value of her investment after 6 years? Round to the nearest cent.The square of a negative number is 18 more than 7 times the negative number.Albi has 4500 to invest at 5.8% compounded weekly. He would like to have 6000 when he goes to withdraw his funds. How long should he invest his money?1/(3+sqrt(2)) with an integer denominator