vi

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Phổ biến Word Problems >

Kenneth puts 700.00 into an account to use for school expenses. The account earns 12% interest, compounded quarterly. How much will be in the account after 4 years?

Lời Giải

Ke nn e t h p u t s 700.00 in t o an a cco u n t t o u se f or sc h oo l e x p e n ses . T h e a cco u n t 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 b e in t h e a cco u n t a f t er 4 ye a rs ?

Lời Giải

Amount : 1123.29

Các bước giải pháp

Translate the problem into an equation:

A = 700 (1 + \frac{0.12}{4})^{4 \cdot 4}

700 (1 + \frac{0.12}{4})^{4 \cdot 4} = 1123.29450 \dots

Làm tròn đến hundredth gần nhất:

1123.29

Amount : 1123.29

Ví dụ phổ biến

If 15% of a number is 0.00036, what is the number?The sum of the squares of five consecutive positive integers starting with is 2655 The sum of two numbers is 30 and their hiệu is 12 .Write two equations and find the numbers.The bán kính of a circle is 17 m. Find its area in terms of seven less than the product of 5 and a number is equal to two