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인기 있는 Word Problems >

Michael puts 8, 904.00 into an account to use for school expenses. The account earns 4% interest, compounded annually. How much will be in the account after 5 years?

해법

M i c ha e l p u t s 8, 904.00 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 4% in t eres t, co m p o u n d e d ann u a ll 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 5 ye a rs ?

해법

Amount : 10833.08

솔루션 단계

Translate the problem into an equation:

A = 8904 (1 + \frac{0.04}{1})^{1 \cdot 5}

8904 (1 + \frac{0.04}{1})^{1 \cdot 5} = 10833.07744 \dots

가장 가까운 hundredth 으로 반올림:

10833.08

Amount : 10833.08

인기 있는 예

Zendaya walked 6 miles in 5 hours. What was her walking rate in hours per mile?Lucia is 31 years old. Sofia is 65 years older than Jayden and 44 years older than Lucia. How old is Jayden 0.1 to even number The square of a number is 12 less than 7 times the number. What is the number?-4 or-3-4 or 3-3 or 4 3 or 4 Which number:-0.65,-0.6