it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare >

If 5,000 is borrowed with an interest of 12.3% compounded semi-annually, what is the total amount of money needed to pay it back in 3 years?

Soluzione

If 5, 000 is borrowed with an interest of 12.3% compounded semi-annually, what is the total amount of money needed to pay it back in 3 years?

Soluzione

Amount : 7153.03

Fasi della soluzione

Translate the problem into an equation:

A = 5000 (1 + \frac{0.123}{2})^{2 \cdot 3}

5000 (1 + \frac{0.123}{2})^{2 \cdot 3} = 7153.02915 \dots

Arrotondare all' hundredth più vicino:

7153.03

Amount : 7153.03

Esempi popolari

3 divided by the differenza of 4 and a number Jordan got a haircut from the barber. If the haircut costs 32 and he wants to leave a18% tip, how much will he pay in total?bruce is 4 years younger than Hector. Twenty years ago Hectors age was 13 years more than half the age of Bruce. How old are they now?If Mark was 14 years old 14 years ago, how old will he be 12 years from now?What is the result when the number 24 is increased by 75%?