ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

Harold deposited 70 in an account earning 5% interest compounded annually.To the nearest cent, how much interest will he earn in 2 years?

Решение

H a ro l d d e p os i t e d 70 in an a cco u n t e a r nin g 5% in t eres t co m p o u n d e d ann u a ll y . T o t h e n e a res t ce n t, h o w m u c h in t eres t w i ll h e e a r n in 2 ye a rs ?

Решение

Interest : 7.175

Шаги решения

Translate the problem into an equation:

77.175 = 70 + I

Решите для

I, 77.175 = 70 + I : I = 7.175

Interest : 7.175

Популярные примеры

Find the compound amount for the deposit and the amount of interested earned.\15, 000 at %5 compounded monthly for 18 years.You would like to have 5, 000.00 in a savings account after 5 years. Your savings account has a 9.5% interest rate, compounded quarterly. How much must you deposit in that account now to reach your goal?Christine is saving up money to buy a car. Christine puts 10,000.00 into an account which earns 11% interest, compounded quarterly. How much will she have in the account after 9 years?The sum of three consecutive integers is 75. Find the value of the least of the three.Twice a number increased by 15 is at least 7