it

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popolare Word Problems >

How much money should be invested at 6% compounded quarterly for 15 years so that you have 25000 at the end of the 15 years?

Soluzione

Ho w m u c h m o n ey s h o u l d b e in v es t e d a t 6% co m p o u n d e d q u a r t er l y f or 15 ye a rs so t ha t yo u ha v e 25000 a t t h e e n d o f t h e 15 ye a rs ?

Soluzione

Principal : 10232.4

Fasi della soluzione

Translate the problem into an equation:

25000 = P (1 + \frac{0.06}{4})^{4 \cdot 15}

Risolvi per

P, 25000 = P (1 + \frac{0.06}{4})^{4 \cdot 15} : P = 10232.4

Principal : 10232.4

Esempi popolari

19 as binary number Three consecutive odd integers sum to-45. What is the least of the 3 integers?The radius of a circle is 7 m. Find its circonferenza in terms of pipi.the differenza of a number and 28 is equal to 3 times that number. find the positive solution 4 years ago, Annie won some money in the lottery and put it in a bank account that earns 12% interest compounded annually. If Annie currently has 100.00 in the bank account, how much interest has she earned?