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Beliebt Word Problems >

How much should be invested now at an interest rate of 6.5% per year, compounded continuously, to have 2500 in two years?

Lösung

Ho w m u c h s h o u l d b e in v es t e d n o w a t an in t eres t r a t e o f 6.5% p er ye a r, co m p o u n d e d co n t in u o u s l y, t o ha v e 2500 in tw o ye a rs ?

Lösung

Principal : 2195.24

Schritte zur Lösung

Translate the problem into an equation:

2500 = P e^{0.065 \cdot 2}

Löse nach

P, 2500 = P e^{0.065 \cdot 2} : P = 2195.24

Principal : 2195.24

Beliebte Beispiele

The product of two consecutive positive integers is 110. Find the value of the lesser integer.seven less than the product of two sevenths and a number yields two ninths of that number The sum of two numbers is 39. Twice the first number plus 3 times the second number is 101.In 36 years Kevin will be 3 times as old as he is right now the product of two and a number, divided by five