ar

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

شائع Word Problems >

Shawn opened a savings account and deposited 2,159.00 as principal. The account earns 9.41% interest, compounded quarterly. What is the balance after 2 years?

الحلّ

S ha w n o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 2, 159.00 a s p r in c i p a l . T h e a cco u n t e a r n s 9.41% in t eres t, co m p o u n d e d q u a r t er l y . Wha t i s t h e ba l an ce a f t er 2 ye a rs ?

الحلّ

Amount : 2600.4

خطوات الحلّ

Translate the problem into an equation:

A = 2159 (1 + \frac{0.0941}{4})^{4 \cdot 2}

2159 (1 + \frac{0.0941}{4})^{4 \cdot 2} = 2600.40074 \dots

Round to the nearest hundredth:

2600.4

Amount : 2600.4

أمثلة شائعة

The circumference of a circular garden is 103.62 feet. What is the diameter of the garden? Use 3.14 for pi and do not round your answer.The circumference of a circle is 19pi ft. What is the area, in square feet? Express your answer in terms of pipi Find a positive real number such that its square is equal to 12 times the number, increased by 405.Find the amount Erica owes at the end of 22 years if 6200 is loaned to her at a rate of 4 % compounded monthly.Translate the following verbal statement to an algebraic equation.:8 less than the quotient of a number and 2 , is equal to 10.