ar

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

شائع Word Problems >

Reagan is saving up money to buy a car. Reagan puts 7,000.00 into an account which earns 12% interest, compounded quarterly. How much will she have in the account after 3 years?

الحلّ

R e a g an i s s a v in g u p m o n ey t o b u y a c a r . R e a g an p u t s 7, 000.00 in t o an a cco u n t w hi c h e a r n s 12% in t eres t, co m p o u n d e d q u a r t er l y . Ho w m u c h w i ll s h e ha v e in t h e a cco u n t a f t er 3 ye a rs ?

الحلّ

Amount : 9980.33

خطوات الحلّ

Translate the problem into an equation:

A = 7000 (1 + \frac{0.12}{4})^{4 \cdot 3}

7000 (1 + \frac{0.12}{4})^{4 \cdot 3} = 9980.32620 \dots

Round to the nearest hundredth:

9980.33

Amount : 9980.33

أمثلة شائعة

The product of two consecutive integers is 143.40% of what number is 15?Percent problem One number is 2/2 of another number. The sum of the two numbers is 20. Find the two numbers.24% of what number is 6?twice the difference of a number and seven is equal to five times the number plus one. find the number.